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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 1270 Ovington Ave UNIT 3, Brooklyn, NY, 11219 generates $3,120/mo in rent, after a $9,275/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 1.74% in year one, and rental yield is 1.98% on a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 5.94% and total cumulative return in cash sums $36,473. 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 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11219, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,503 (100%) |
| Owner Occupied HU | 6,319 (20.7%) |
| Renter Occupied HU | 21,992 (72.1%) |
| Vacant Housing Units | 2,192 ( 7.2%) |
| Median Home Value | $1,186,085 |
| Average Home Value | $1,250,046 |
Residential
23,152
Single Family
8,338
Multi-Family
14,814
Businesses
2,719
Date | Event | Price |
|---|---|---|
| No price history data available | ||
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: #S1772448
