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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 2235 84th St #1C, Brooklyn, NY, 11214 offers a 7.55% rental yield on a $998,000 purchase with $6,281/mo rent. 11% in year one. Equity gained on principal adds $6,440/yr while 5% annual appreciation supports $275,729 over five years. Portfolio math shows five-year ROI at 94.01% and total cumulative return in cash at $308,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,281/mo property income against a $4,885/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
Date | Event | Price |
|---|---|---|
| 2024-06-21 | Listed for sale | $998,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vito Angelo - Licensed Associate Real Estate Broker • Remax Real Estate Professionals
Mls Name: StreetEasy
Mls ID: #1723628
