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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% |
Investment property for sale in Brooklyn at 673 56th St UNIT 3A, Brooklyn, NY, 11220 earns from $3,562/mo rent with a $3,573/mo payment. Total monthly income totals $3,562/mo. ROI tracks 13.5% on current figures, and rental yield reads 5.86% at a $730,000 purchase. Equity gained on principal adds $4,711/yr, and 5% annual appreciation supports $201,686 over five years. Five-year ROI reaches 69.1% and total cumulative return in cash sums $165,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,562/mo property income instead of your personal income.
Single Family
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
Date | Event | Price |
|---|---|---|
| 2024-07-10 | Price change | $730,000 |
| 2024-03-22 | Listed for sale | $760,000 |
| 2023-09-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | N/A | N/A | $75,263 | 1.77% |
| 2022-11-13 | N/A | N/A | $73,952 | N/A |
Listed by: Vincent Pan • Ritz Realty NY Corp.
Mls Name: StreetEasy
Mls ID: #S1705932
