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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 7516 3rd Ave, Brooklyn, NY, 11209 offers a 2.81% rental yield on a $1,795,000 purchase with $4,207/mo rent. 32% in year one. Equity gained on principal adds $11,583/yr while 5% annual appreciation supports $495,925 over five years. Portfolio math shows five-year ROI at 19.78% and total cumulative return in cash at $115,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,207/mo property income against a $8,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
1,440 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,347 (100%) |
| Owner Occupied HU | 10,175 (30.5%) |
| Renter Occupied HU | 21,237 (63.7%) |
| Vacant Housing Units | 1,935 ( 5.8%) |
| Median Home Value | $1,072,126 |
| Average Home Value | $1,081,829 |
Residential
29,004
Single Family
8,429
Multi-Family
20,575
Businesses
1,980
Date | Event | Price |
|---|---|---|
| 2024-10-23 | Price change | $1,795,000 |
| 2024-09-10 | Listed for sale | $1,895,000 |
| 2011-08-15 | Sold | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $88,320 | 17.29% |
| 2022-02-13 | N/A | N/A | $75,300 | 8.19% |
| 2021-02-13 | N/A | N/A | $69,600 | -14.07% |
Listed by: Milan Obradovic • Jabour Realty Company
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485901
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
