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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 550 Schenectady Avenue, Brooklyn, NY, 11203 priced at $1,449,999 converts $3,858/mo rent into after a $7,097/mo obligation. Total monthly income equals $3,858/mo. Return on cash invested prints 5.49% in year one, and rental yield reads 3.19% against a $1,449,999 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 26.09% and total cumulative return in cash sums $122,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,858/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Townhouse
Built in 1940
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11203, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 10,125 (33.2%) |
| Renter Occupied HU | 18,555 (60.9%) |
| Vacant Housing Units | 1,778 ( 5.8%) |
| Median Home Value | $671,755 |
| Average Home Value | $719,379 |
Residential
22,794
Single Family
10,334
Multi-Family
12,460
Businesses
1,490
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Price change | $1,449,999 |
| 2024-11-25 | Listed for sale | $1,499,000 |
| 2023-12-13 | Sold | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | N/A | N/A | $83,940 | 10.59% |
| 2022-01-08 | N/A | N/A | $75,900 | -5.39% |
| 2021-01-08 | N/A | N/A | $80,220 | 19.16% |
What's Special
None
Listed by: Hanan Sheleg • Royal Realty Group Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3569752
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
