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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 60 Remsen St APT 9A, Brooklyn, NY, 11201 offers $5,369/mo rent that, after a $6,608/mo payment. Total monthly income is $5,369/mo. Return on cash invested measures 3.68% in year one, and rental yield stands at 4.77% at a $1,350,000 entry. Equity gained on principal adds $8,711/yr while 5% annual appreciation compounds into $372,980 by year five. Five-year ROI records 18.8% and total cumulative return in cash reaches $82,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,369/mo property income versus a $6,608/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1956
N/A lot
$N/A/sqft
$2,437 monthly HOA
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Date | Event | Price |
|---|---|---|
| 2025-05-20 | Listed for sale | $1,350,000 |
| 2020-11-25 | Sold | $999,000 |
| 2020-08-22 | Pending sale | $1,050,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Omari Toomer • Corcoran
Mls Name: StreetEasy
Mls ID: #S1772324
