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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 480 84th St, Brooklyn, NY, 11209 offers $3,962/mo rent that, after a $8,076/mo payment. Total monthly income is $3,962/mo. Return on cash invested measures 4.53% in year one, and rental yield stands at 2.88% at a $1,650,000 entry. Equity gained on principal adds $10,647/yr while 5% annual appreciation compounds into $455,865 by year five. Five-year ROI records 20.93% and total cumulative return in cash reaches $111,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,962/mo property income versus a $8,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-18 | Price change | $1,650,000 |
| 2022-12-07 | Price change | $1,555,000 |
| 2022-07-28 | Price change | $1,639,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $94,080 | 4.19% |
| 2022-02-13 | N/A | N/A | $90,300 | 4.22% |
| 2021-02-13 | N/A | N/A | $86,640 | -0.07% |
Listed by: Tyler Hang Chen • Tiger Realty
Mls Name: StreetEasy
Mls ID: #S1749132
