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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% |
Investment property for sale in Brooklyn at 1610 Avenue P APT 4T, Brooklyn, NY, 11229 uses $152,159 cash to close to unlock $15,725/yr annual cash flow and $1,310/mo monthly cash flow. Total monthly income runs $4,376/mo, and a $2,247/mo payment keeps the spread at $1,310/mo. Purchase price stands at $459,000, and rental yield measures 11.44% with $4,376/mo rent. Return on cash invested shows 30.24% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 158.92% and total cumulative return in cash records $241,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,376/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Irina N. Troitsky • Dreamlife Realty New York LLC
Mls Name: BNYMLS
Mls ID: #496634
