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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1262 74th St FLOOR 2, Brooklyn, NY, 11228 generates $3,120/mo in rent, after a $8,810/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 2.06% in year one, and rental yield is 2.08% on a $1,799,999 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 7.66% and total cumulative return in cash sums $44,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Multi Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
| 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 |
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
Date | Event | Price |
|---|---|---|
| 2024-10-24 | Listed for sale | $1,799,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vito Angelo • Remax Real Estate Professionals
Mls Name: StreetEasy
Mls ID: #S1741384
