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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 228 55th St APT 4D, Brooklyn, NY, 11220 generates $3,120/mo in rent, after a $4,503/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 6.05% in year one, and rental yield is 4.07% on a $920,000 entry. Equity gained on principal adds $5,937/yr, while 5% annual appreciation builds toward $254,179 over five years. Five-year ROI reaches 29.85% and total cumulative return in cash sums $90,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$511 monthly HOA
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Listed for sale | $920,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andrew Xu • Winzone Realty Inc
Mls Name: BNYMLS
Mls Provider:
Mls ID: #486191
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
