300 8th Ave APT 5BBrooklynNY11215
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Brooklyn at 300 8th Ave APT 5B, Brooklyn, NY, 11215 listed at $357,000 pairs $2,410/mo rent with a $1,747/mo payment to leave $26/mo cash flow. Total monthly income runs $2,410/mo, and annual cash flow reaches $316/yr on $118,346 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 8.1% at a $357,000 basis. Equity gained on principal adds $2,304/yr, and annual property appreciation at 5% supports $98,633 by year five. Five-year ROI tracks 104.94% and total cumulative return in cash totals $124,192. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,410/mo property income relative to a $1,747/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
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