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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 2260 Burnett St APT 2A, Brooklyn, NY, 11229 at $215,000 posts ROI 44.53% with $1,463/mo cash flow from $3,613/mo rent. Total monthly income equals $3,613/mo, and annual cash flow records $17,551/yr on $71,273 to close. Return on cash invested measures 44.53% and rental yield reads 20.17% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 239.91% and total cumulative return in cash totals $170,989.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,613/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$715 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 |
|---|---|---|
| 2024-06-21 | Listed for sale | $215,000 |
| 2011-01-20 | Sold | $125,000 |
| 2010-09-10 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-08-13 | N/A | N/A | N/A | N/A |
Listed by: Delton Cheng - Licensed Real Estate Broker • Century 21 Homefront
Mls Name: StreetEasy
Mls ID: #1724192
