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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 1610 Avenue P APT 4H, Brooklyn, NY, 11229 generates $2,363/mo in rent, after a $1,958/mo payment. Total monthly income is $2,363/mo. Return on cash invested sits at 11.2% in year one, and rental yield is 7.09% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 58.93% and total cumulative return in cash sums $78,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,363/mo property income rather than buyer’s personal income.
Condo
Built in 1933
N/A lot
$N/A/sqft
$654 monthly HOA
Neighborhood data shown for ZIP Code: 11229, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,898 (100%) |
| Owner Occupied HU | 13,087 (39.8%) |
| Renter Occupied HU | 17,854 (54.3%) |
| Vacant Housing Units | 1,957 ( 5.9%) |
| Median Home Value | $849,561 |
| Average Home Value | $904,894 |
Residential
28,358
Single Family
12,061
Multi-Family
16,297
Businesses
1,887
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $399,999 |
| 2025-03-24 | Listing removed | $400,000 |
| 2025-01-22 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-04-29 | N/A | N/A | N/A | N/A |
| 2019-04-29 | N/A | N/A | N/A | N/A |
| 2018-04-29 | $319656.20 | N/A | $2,988,450 | 0.62% |
Listed by: Yat Chi (Stanley) Ng • Corcoran BK LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #492142
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.
