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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% |
Rental property for sale in Brooklyn at 2251 Knapp St APT 1C, Brooklyn, NY, 11229 generates $1,106/mo in rent, after a $685/mo payment. Total monthly income is $1,106/mo. Return on cash invested sits at 0.4% in year one, and rental yield is 9.48% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 7.6% and total cumulative return in cash sums $3,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,106/mo property income rather than buyer’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$926 monthly HOA
Neighborhood data shown for ZIP Code: 11229, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,898 (100%) |
| Owner Occupied HU | 13,087 (39.8%) |
| Renter Occupied HU | 17,854 (54.3%) |
| Vacant Housing Units | 1,957 ( 5.9%) |
| Median Home Value | $849,561 |
| Average Home Value | $904,894 |
Residential
28,358
Single Family
12,061
Multi-Family
16,297
Businesses
1,887
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Price change | $140,000 |
| 2024-08-04 | Listed for sale | $149,000 |
| 2023-09-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-13 | $448589.97 | -31.80% | $7,172,100 | 5.03% |
| 2018-02-13 | $657744.80 | N/A | $6,828,750 | 23.09% |
| 2017-02-13 | N/A | N/A | $5,547,600 | N/A |
Listed by: Ronit Abraham • Compass
Mls Name: StreetEasy
Mls ID: #S1728973
