855 E 7th St APT 7MBrooklynNY11230
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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
Rental property for sale in Brooklyn at 855 E 7th St APT 7M, Brooklyn, NY, 11230 generates $5,075/mo in rent and, after a $1,385/mo payment, leaves $2,633/mo in cash flow. Total monthly income is $5,075/mo, and annual cash flow is $31,600/yr on $93,815 invested. Return on cash invested sits at 53.59% in year one, and rental yield is 21.52% on a $283,000 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation builds toward $78,188 over five years. Five-year ROI reaches 286.7% and total cumulative return in cash sums $268,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,075/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$552 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11230, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,949 (100%) |
| Owner Occupied HU | 8,697 (28.1%) |
| Renter Occupied HU | 20,273 (65.5%) |
| Vacant Housing Units | 1,979 ( 6.4%) |
| Median Home Value | $998,288 |
| Average Home Value | $1,138,275 |
Housing Distribution
Address Breakdown
Residential
30,459
Single Family
8,234
Multi-Family
22,225
Businesses
1,883
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