Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 8721 Bay Pkwy APT 2E, Brooklyn, NY, 11214 priced at $289,000 converts $1,975/mo rent into after a $1,415/mo obligation. Total monthly income equals $1,975/mo. Return on cash invested prints 10.74% in year one, and rental yield reads 8.2% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 57.83% and total cumulative return in cash sums $55,406. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,975/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
$777 monthly HOA
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Listed for sale | $289,000 |
| 2024-10-22 | Contingent | $279,000 |
| 2024-08-29 | Pending sale | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-13 | N/A | N/A | N/A | N/A |
| 2019-02-13 | N/A | N/A | N/A | N/A |
| 2018-02-13 | $259585.23 | N/A | $2,365,200 | 0.65% |
Listed by: Julia Spooner • Brooklyn Real Property Inc
Mls Name: StreetEasy
Mls ID: #S1712355
