








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 251 1st St APT 4F, Brooklyn, NY, 11215 listed at $1,685,000 pairs $6,266/mo rent with a $8,247/mo payment. Total monthly income runs $6,266/mo. Return on cash invested measures 9.41% in year one, and rental yield registers 4.46% at a $1,685,000 basis. Equity gained on principal adds $10,873/yr, and annual property appreciation at 5% supports $465,534 by year five. Five-year ROI tracks 47.1% and total cumulative return in cash totals $257,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,266/mo property income relative to a $8,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
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: James Armstrong • Corcoran
Mls Name: StreetEasy
Mls ID: #S1800836