








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 251 7th St APT 7E, Brooklyn, NY, 11215 priced at $785,000 pairs $6,280/mo rent with $408/mo cash flow after a $3,842/mo payment. Total monthly income equals $6,280/mo, and annual cash flow comes to $4,897/yr on $258,265 invested. Return on cash invested is 21.96% in year one, and rental yield stands at 9.6% on a $785,000 basis. Equity gained on principal adds $5,065/yr, and 5% annual appreciation accumulates to $216,881 by year five. Five-year ROI measures 115.51% and total cumulative return in cash reaches $298,310. For financing, Ziffy Mortgage’s DSCR program evaluates $6,280/mo property income against a $3,842/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2009
N/A lot
$N/A/sqft
$630 monthly 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $785,000 |
| 2022-08-02 | Sold | $760,000 |
| 2022-05-14 | Pending sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | N/A | N/A | $50,189 | 2.63% |
| 2022-09-05 | N/A | N/A | $48,905 | 26.65% |
| 2021-09-05 | N/A | N/A | $38,613 | -12.59% |



Listed by: Alison McQueen - Licensed Associate Real Estate Broker • Corcoran
Mls Name: StreetEasy
Mls ID: #1732725