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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% |
Investment property for sale in Brooklyn at 268 Bay Ridge Ave APT 3C, Brooklyn, NY, 11220 offers a 5.67% rental yield on a $980,000 purchase with $4,627/mo rent. 94% in year one. Equity gained on principal adds $6,324/yr while 5% annual appreciation supports $270,756 over five years. Portfolio math shows five-year ROI at 56.06% and total cumulative return in cash at $180,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,627/mo property income against a $4,797/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2015
N/A lot
$N/A/sqft
$534 monthly 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 |
|---|---|---|
| 2024-03-31 | Listed for sale | $980,000 |
| 2023-12-29 | Listing removed | N/A |
| 2023-10-04 | Listed for rent | $3,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | N/A | N/A | $94,714 | 11.72% |
| 2022-11-13 | N/A | N/A | $84,778 | 6.82% |
| 2021-11-13 | N/A | N/A | $79,369 | -2.05% |
Listed by: Maryann Giaramita • Oxford Property Group
Mls Name: StreetEasy
Mls ID: #S1707767
