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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 2265 Gerritsen Ave APT 3S, Brooklyn, NY, 11229 offers a 8.12% rental yield on a $270,000 purchase with $1,827/mo rent. Total monthly income registers $1,827/mo, and a $1,322/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $282/yr on $89,505 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 105.21% and total cumulative return in cash at $94,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,827/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Katherine Pontone • Bright Horizons Realty
Mls Name: StreetEasy
Mls ID: #S1788868
