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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 258 60th St, Brooklyn, NY, 11220 priced at $1,799,000 converts $8,191/mo rent into after a $8,805/mo obligation. Total monthly income equals $8,191/mo. Return on cash invested prints 12.5% in year one, and rental yield reads 5.46% against a $1,799,000 entry. Equity gained on principal adds $11,609/yr, while 5% annual appreciation compiles into $497,031 by year five. Five-year ROI reaches 63.67% and total cumulative return in cash sums $371,121. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,191/mo property income covering a $8,805/mo payment, not borrower’s personal income.
Multi Family
Built in 1909
2,238 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $1,799,000 |
| 2024-09-19 | Listing removed | $1,700,000 |
| 2024-05-13 | Listed for sale | $1,700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $8116.00 | N/A | $123,780 | 12.98% |
| 2023-04-23 | N/A | N/A | $109,560 | -17.56% |
| 2022-04-23 | N/A | N/A | $132,900 | 29.53% |
Listed by: Jason Zhou • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #491064
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
