Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2925 W 5th St APT 8B, Brooklyn, NY, 11224 offers a 13.3% rental yield on a $489,000 purchase with $5,419/mo rent. Total monthly income registers $5,419/mo, and a $2,393/mo payment leaves $1,335/mo available for distribution. Annual cash flow reaches $16,019/yr on $162,104 to close, and return on cash invested stands at 29.79% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 158.66% and total cumulative return in cash at $257,194. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,419/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$819 monthly 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 |
|---|---|---|
| 2024-08-05 | Sold | $475,000 |
| 2024-04-24 | Pending sale | $489,000 |
| 2024-03-12 | Listed for sale | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Veronika Mirvis - Licensed Real Estate Salesperson • City Wide Brokerage
Mls Name: StreetEasy
Mls ID: #1704037
