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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 6816 3rd Ave #5, Brooklyn, NY, 11220 projects strong ROI of 11.97%. Rental yield 5.29%. With 5% annual appreciation, the property builds $574,666 in value over five years. Equity growth combined delivers a projected five-year ROI of 60.82%, translating into $409,904 in total cumulative return on $673,920 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Apartment
Built in 1925
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 |
|---|---|---|
| 2023-11-10 | Listing removed | N/A |
| 2022-03-04 | Listed for sale | $2,080,000 |
| 2021-12-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Zhang - Licensed Real Estate Salesperson • Remax Real Estate Professionals
Mls Name: StreetEasy
Mls ID: #1554866
