2349 W 12th St, Brooklyn, NY, 11223 | 2.67% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2349 W 12th St, Brooklyn, NY, 11223 | 2.67% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1008 sft

107 W Woodbridge Ave, Iselin, NJ, 08830

4 Bed
3 Bath
1685 sft

800 Harbortown Blvd, Perth Amboy, NJ, 08861

3 Bed
3 Bath
1518 sft

139 Commodore Dr, Staten Island, NY, 10309

3 Bed
2 Bath
1440 sft

52 Pleasant Plains Ave, Staten Island, NY, 10309

Nearby investment properties with comparable prices

5 Bed
5 Bath
4133 sft

2 Silverleaf Way, Manalapan, NJ, 07726

5 Bed
6 Bath
4466 sft

237 Bayview Ave, Staten Island, NY, 10309

Currently Rented+ 2 more

13 Bed
5 Bath
3300 sft

2777 W 16th St, Brooklyn, NY, 11224

4 Bed
3 Bath
3098 sft

61 Queensdale St, Staten Island, NY, 10309

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,888/mo, and a $8,565/mo payment. Purchase price stands at $1,750,000, and rental yield measures 2.67% with $3,888/mo rent. Return on cash invested shows 3.87% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 17.38% and total cumulative return in cash records $98,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,888/mo property income covering a $8,565/mo payment rather than investor’s personal income.

Multi Family

Built in 1925

3,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Building 1 and Building 2, Newly renovated in 2020. Both buildings renovated from top to bottom, new electricity, new plumbing, 3 new heating units, 3 new hot water heaters, and moreThere are 16 rooms, 7 bedrooms and 3 bathrooms. There is front yard with awning, and large yard between 2 buildings. Building 1: detached building, 2-family with 4 levels. building size 24X35. There is awning in the front of the building. There is another 2nd entrance at the back. Building 2: detached 1- family building. Building size 23X28 with 2 levels and 2 entrances. Property Tax $ 8,436

Neighborhood Data

Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,920 (100%)
Owner Occupied HU	9,651 (30.2%)
Renter Occupied HU	20,192 (63.3%)
Vacant Housing Units	2,077 ( 6.5%)
Median Home Value	$1,073,206
Average Home Value	$1,146,126