








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Brooklyn at 1196 Metropolitan Ave #C2, Brooklyn, NY, 11237 priced at $1,250,000 pairs $3,599/mo rent with after a $6,118/mo payment. Total monthly income equals $3,599/mo. Return on cash invested is 2.98% in year one, and rental yield stands at 3.46% on a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 13.8% and total cumulative return in cash reaches $55,897. For financing, Ziffy Mortgage’s DSCR program evaluates $3,599/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
$1,122 monthly HOA
Neighborhood data shown for ZIP Code: 11237, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,694 (100%) |
| Owner Occupied HU | 1,484 ( 7.9%) |
| Renter Occupied HU | 16,088 (86.1%) |
| Vacant Housing Units | 1,122 ( 6.0%) |
| Median Home Value | $1,120,000 |
| Average Home Value | $1,169,593 |
Residential
16,389
Single Family
2,877
Multi-Family
13,512
Businesses
1,708
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Price change | $1,250,000 |
| 2024-08-29 | Listed for sale | $1,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Roni Dotan • Corcoran
Mls Name: StreetEasy
Mls ID: #S1731828