








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 254 Park Pl APT 4C, Brooklyn, NY, 11238 generates $4,940/mo in rent, after a $4,645/mo payment. Total monthly income is $4,940/mo. Return on cash invested sits at 8.06% in year one, and rental yield is 6.25% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 42.34% and total cumulative return in cash sums $132,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,940/mo property income rather than buyer’s personal income.
Condo
Built in 1915
N/A lot
$N/A/sqft
$1,724 monthly HOA
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Sold | $949,000 |
| 2025-06-30 | Contingent | $939,000 |
| 2025-06-09 | Listed for sale | $939,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-10-19 | N/A | N/A | N/A | N/A |
| 2009-10-19 | N/A | N/A | N/A | N/A |
| 2008-10-19 | N/A | N/A | N/A | N/A |



Listed by: Shannon Insana • Corcoran
Mls Name: StreetEasy
Mls ID: #S1775257