








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 2928 W 5th St UNIT 5BB, Brooklyn, NY, 11224 generates $2,985/mo in rent, after a $1,762/mo payment. Total monthly income is $2,985/mo. Return on cash invested sits at 16.1% in year one, and rental yield is 9.95% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 86.53% and total cumulative return in cash sums $103,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,985/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$960 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 |
|---|---|---|
| 2025-02-07 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Thomas Lipovetsky • Thomas Lipovetsky, LREB
Mls Name: StreetEasy
Mls ID: #S1753202