








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 351 Marine Ave APT A8, Brooklyn, NY, 11209 at $229,000 posts ROI 23.32% with $216/mo cash flow from $2,012/mo rent. Total monthly income equals $2,012/mo, and annual cash flow records $2,587/yr on $75,914 to close. Return on cash invested measures 23.32% and rental yield reads 10.54% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 123.3% and total cumulative return in cash totals $93,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,012/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1931
N/A lot
$N/A/sqft
$267 monthly HOA
Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,347 (100%) |
| Owner Occupied HU | 10,175 (30.5%) |
| Renter Occupied HU | 21,237 (63.7%) |
| Vacant Housing Units | 1,935 ( 5.8%) |
| Median Home Value | $1,072,126 |
| Average Home Value | $1,081,829 |
Residential
29,004
Single Family
8,429
Multi-Family
20,575
Businesses
1,980
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $229,000 |
| 2023-11-10 | Listing removed | N/A |
| 2023-06-09 | Price change | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-13 | N/A | N/A | N/A | N/A |
| 2019-02-13 | N/A | N/A | N/A | N/A |
| 2018-02-13 | $351988.30 | N/A | $3,519,450 | 26.35% |



Listed by: Frank De • New Spirit Realty Inc
Mls Name: StreetEasy
Mls ID: #S1622615