231 Macdougal Street, Brooklyn, NY, 11233 | 4.32% Rental Yield

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231 Macdougal Street, Brooklyn, NY, 11233 | 4.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Brooklyn at 231 Macdougal Street, Brooklyn, NY, 11233 with 5% annual appreciation on a $999,999 basis while $3,599/mo rent supports operations. 83% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,281 alongside rental yield of 4.32%. Five-year ROI measures 44.05% and total cumulative return in cash totals $144,927. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,599/mo property income versus a $4,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1910

2,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 231 Macdougal St A Modern Two-Family Gem in the Heart of Brooklyn! Step into this beautifully renovated semi-attached two-family home, thoughtfully upgraded from top to bottom. Each unit features two spacious bedrooms and a sleek, modern bathroom ideal for comfortable living or generating rental income. Enjoy the full finished basement, perfect for a home office, gym, or entertainment space. The contemporary kitchens are equipped with stainless steel appliances, quartz countertops, and elegant tile backsplashes offering both style and function. High-end features continue throughout the home, including rich hardwood floors, custom doors, LED recessed lighting, new energy-efficient windows, a brand-new roof, and updated siding. Central air conditioning and in-unit washer/dryer setups provide year-round comfort and convenience. Step outside to a generous backyard an ideal space for entertaining, gardening, or relaxing in your own private oasis. This move-in ready home is a rare opportunity to own a modern, low-maintenance property with thoughtful upgrades in every corner. Dont miss your chance to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11233, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,966 (100%)
Owner Occupied HU	5,665 (17.7%)
Renter Occupied HU	23,881 (74.7%)
Vacant Housing Units	2,420 ( 7.6%)
Median Home Value	$1,118,129
Average Home Value	$1,165,978