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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 2867 W 17th St APT 6, Brooklyn, NY, 11224 offers a 4.53% rental yield on a $1,488,000 purchase with $5,616/mo rent. 62% in year one. Equity gained on principal adds $9,602/yr while 5% annual appreciation supports $411,107 over five years. Portfolio math shows five-year ROI at 48.21% and total cumulative return in cash at $232,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,616/mo property income against a $7,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11224, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,119 (100%) |
| Owner Occupied HU | 5,815 (25.2%) |
| Renter Occupied HU | 15,544 (67.2%) |
| Vacant Housing Units | 1,760 ( 7.6%) |
| Median Home Value | $574,176 |
| Average Home Value | $741,108 |
Residential
20,351
Single Family
2,595
Multi-Family
17,756
Businesses
764
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Listed for sale | $1,488,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Charles Fabbella - Licensed Associate Real Estate Broker • Ben Bay Realty Co. of Bay Ridge
Mls Name: StreetEasy
Mls ID: #1729189
