323 Bay 8 St #2BBrooklynNY11228
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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 323 Bay 8 St #2B, Brooklyn, NY, 11228 at $370,000 posts ROI 12.88% with from $2,465/mo rent. Total monthly income equals $2,465/mo. Return on cash invested measures 12.88% and rental yield reads 7.99% at the current $370,000. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 by year five. Five-year ROI prints 68.33% and total cumulative return in cash totals $83,813. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1950
N/A lot
$N/A/sqft
$713 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,725 (100%) |
| Owner Occupied HU | 7,861 (44.3%) |
| Renter Occupied HU | 8,618 (48.6%) |
| Vacant Housing Units | 1,246 ( 7.0%) |
| Median Home Value | $1,193,293 |
| Average Home Value | $1,223,802 |
Housing Distribution
Address Breakdown
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
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