204 Highlawn Ave, Brooklyn, NY, 11223 | 4.14% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Brooklyn at 204 Highlawn Ave, Brooklyn, NY, 11223 generates $5,105/mo in rent, after a $7,244/mo payment. Total monthly income is $5,105/mo. Return on cash invested sits at 8.41% in year one, and rental yield is 4.14% on a $1,480,000 entry. Equity gained on principal adds $9,550/yr, while 5% annual appreciation builds toward $408,897 over five years. Five-year ROI reaches 41.75% and total cumulative return in cash sums $200,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,105/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

This is a great opportunity to own a mixed-use property with two residential units and one commercial unit. The building has a legal extension that makes it 20x70 in size. The first floor and the basement were completely remodeled in 2022 and look amazing. The two apartments have two bedrooms each and are in excellent condition. The property tax is very low, only $8,326 per year. Perfect for an investor seeking strong rental income or an end-user looking to live and work in one place. Price aggressively. Hurry before its gone!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.

Housing Distribution

Housing Statistics

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