








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 2930 W 5th St APT 16S, Brooklyn, NY, 11224 offers a 8.32% rental yield on a $315,000 purchase with $2,184/mo rent. 89% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 58.75% and total cumulative return in cash at $61,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,184/mo property income against a $1,542/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
$865 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 |
|---|---|---|
| 2024-04-20 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gary Melamed • NYC Realty Brokers LLC
Mls Name: StreetEasy
Mls ID: #S1712140