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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 1707 W 4th St UNIT 1, Brooklyn, NY, 11223 offers a 4.35% rental yield on a $1,988,000 purchase with $7,200/mo rent. 05% in year one. Equity gained on principal adds $12,828/yr while 5% annual appreciation supports $549,248 over five years. Portfolio math shows five-year ROI at 45.17% and total cumulative return in cash at $290,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,200/mo property income against a $9,730/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,920 (100%) |
| Owner Occupied HU | 9,651 (30.2%) |
| Renter Occupied HU | 20,192 (63.3%) |
| Vacant Housing Units | 2,077 ( 6.5%) |
| Median Home Value | $1,073,206 |
| Average Home Value | $1,146,126 |
Residential
23,793
Single Family
11,075
Multi-Family
12,718
Businesses
2,108
Date | Event | Price |
|---|---|---|
| 2024-08-11 | Listed for sale | $1,988,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Zhang - Licensed Real Estate Salesperson • Remax Edge
Mls Name: StreetEasy
Mls ID: #1729747
