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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% |
Rental property for sale in brooklyn at 2961 Brighton 3rd Street #4, brooklyn, FL, 11235 generates $3,821/mo in rent, after a $3,568/mo payment. Total monthly income is $3,821/mo. Return on cash invested sits at 14.97% in year one, and rental yield is 6.29% on a $729,000 entry. Equity gained on principal adds $4,704/yr, while 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 76.94% and total cumulative return in cash sums $184,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,821/mo property income rather than buyer’s personal income.
Apartment
Built in 2016
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $729,000 |
| 2017-03-24 | Sold | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicholas Caravella • Robert DeFalco Realty, Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2406708
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