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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 873 42nd St APT 3B, Brooklyn, NY, 11232 offers a 8.7% rental yield on a $670,000 purchase with $4,858/mo rent. Total monthly income registers $4,858/mo, and a $3,279/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,598/yr on $220,430 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,109 over five years. Portfolio math shows five-year ROI at 108.66% and total cumulative return in cash at $239,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,858/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1930
N/A lot
$N/A/sqft
$251 monthly HOA
Neighborhood data shown for ZIP Code: 11232, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,287 (100%) |
| Owner Occupied HU | 2,037 (19.8%) |
| Renter Occupied HU | 7,496 (72.9%) |
| Vacant Housing Units | 754 ( 7.3%) |
| Median Home Value | $1,094,994 |
| Average Home Value | $1,080,814 |
Residential
7,688
Single Family
1,900
Multi-Family
5,788
Businesses
1,973
Date | Event | Price |
|---|---|---|
| 2024-06-21 | Listed for sale | $670,000 |
| 2008-05-14 | Sold | $375,180 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $36,943 | 3.61% |
| 2022-08-14 | N/A | N/A | $35,656 | 6.09% |
| 2021-08-14 | N/A | N/A | $33,608 | -12.42% |
Listed by: Bao Ming (Jeny) Pan • E House Realty & Mgt. Inc.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #484071
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.
