








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 199 Conover St UNIT GARDEN, Brooklyn, NY, 11231 offers $19,261/mo rent that, after a $9,784/mo payment, leaves $5,086/mo cash flow. Total monthly income is $19,261/mo, and annual cash flow is $61,033/yr on $647,676 cash. Return on cash invested measures 29.79% in year one, and rental yield stands at 11.56% at a $1,999,000 entry. Equity gained on principal adds $12,899/yr while 5% annual appreciation compounds into $552,287 by year five. Five-year ROI records 156.96% and total cumulative return in cash reaches $1,016,597. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $19,261/mo property income versus a $9,784/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
$826 monthly HOA
Neighborhood data shown for ZIP Code: 11231, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,446 (100%) |
| Owner Occupied HU | 4,101 (23.5%) |
| Renter Occupied HU | 12,031 (69.0%) |
| Vacant Housing Units | 1,314 ( 7.5%) |
| Median Home Value | $1,765,973 |
| Average Home Value | $1,624,888 |
Residential
15,312
Single Family
3,858
Multi-Family
11,454
Businesses
1,468
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $1,999,000 |
| 2024-08-26 | Listing removed | $2,000,000 |
| 2024-05-30 | Price change | $2,000,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Noah Plener - Licensed Real Estate Salesperson • Compass
Mls Name: StreetEasy
Mls ID: #1734553