








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 1940 W 3rd St FL 2ND, Brooklyn, NY, 11223 generates $4,193/mo in rent, after a $8,786/mo payment. Total monthly income is $4,193/mo. Return on cash invested sits at 4.29% in year one, and rental yield is 2.8% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 19.63% and total cumulative return in cash sums $114,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,193/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: 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 |
|---|---|---|
| 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: #S1784398