








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 681 88th St #1A, Brooklyn, NY, 11228 generates $4,758/mo in rent, after a $3,793/mo payment. Total monthly income is $4,758/mo. Return on cash invested sits at 15.19% in year one, and rental yield is 7.37% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 79.22% and total cumulative return in cash sums $201,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,758/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$617 monthly HOA
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,725 (100%) |
| Owner Occupied HU | 7,861 (44.3%) |
| Renter Occupied HU | 8,618 (48.6%) |
| Vacant Housing Units | 1,246 ( 7.0%) |
| Median Home Value | $1,193,293 |
| Average Home Value | $1,223,802 |
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
Date | Event | Price |
|---|---|---|
| 2024-07-09 | Price change | $775,000 |
| 2024-01-31 | Price change | $798,000 |
| 2023-09-13 | Price change | $838,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $101,588 | 1.80% |
| 2022-02-13 | N/A | N/A | $99,792 | -14.98% |
| 2021-02-13 | N/A | N/A | $117,369 | -8.81% |



Listed by: Christine Olivieri • Ben Bay Realty Co
Mls Name: StreetEasy
Mls ID: #S1652722