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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 730 59th St APT 1, Brooklyn, NY, 11220 generates $3,120/mo in rent, after a $9,202/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 1.78% in year one, and rental yield is 1.99% on a $1,880,000 entry. Equity gained on principal adds $12,131/yr, while 5% annual appreciation builds toward $519,409 over five years. Five-year ROI reaches 6.2% and total cumulative return in cash sums $37,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Multi Family
Built in 1916
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 |
|---|---|---|
| 2024-10-24 | Listed for sale | $1,880,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sylvia Lin • ProBase Real Estate
Mls Name: StreetEasy
Mls ID: #S1741420
