








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 1237 Avenue Z APT 4D, Brooklyn, NY, 11235 generates $4,226/mo in rent and, after a $974/mo payment, leaves $2,362/mo in cash flow. Total monthly income is $4,226/mo, and annual cash flow is $28,345/yr on $65,969 invested. Return on cash invested sits at 62.88% in year one, and rental yield is 25.48% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 337.48% and total cumulative return in cash sums $222,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,226/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$535 monthly HOA
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
Date | Event | Price |
|---|---|---|
| 2025-01-08 | Listed for sale | $199,000 |
| 2024-12-10 | Listing removed | $2,750 |
| 2024-12-07 | Listed for rent | $2,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-01-11 | N/A | N/A | N/A | N/A |
| 2019-01-11 | N/A | N/A | N/A | N/A |
| 2018-01-11 | $489071.90 | N/A | $5,175,450 | 15.88% |



Listed by: Esther Azizov • Amerihomes Realty of NY, Inc.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #480464
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.