








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 420 Classon Ave APT C, Brooklyn, NY, 11238 priced at $1,350,000 converts $5,045/mo rent into after a $6,608/mo obligation. Total monthly income equals $5,045/mo. Return on cash invested prints 6.91% in year one, and rental yield reads 4.48% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 34.62% and total cumulative return in cash sums $151,421. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,045/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Condo
Built in 1899
N/A lot
$N/A/sqft
$936 monthly HOA
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $1,350,000 |
| 2014-07-28 | Sold | $805,000 |
| 2014-04-16 | Pending sale | $759,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $10278.00 | N/A | $96,240 | 13.80% |
| 2023-04-24 | N/A | N/A | $84,566 | 4.92% |
| 2022-04-24 | N/A | N/A | $80,597 | 6.15% |



Listed by: Michael Hartman • Corcoran
Mls Name: StreetEasy
Mls ID: #S1766706