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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 954 3rd Ave, Brooklyn, NY, 11232 priced at $1,999,999 converts $12,240/mo rent into after a $9,789/mo obligation. Total monthly income equals $12,240/mo. Return on cash invested prints 18.3% in year one, and rental yield reads 7.34% against a $1,999,999 entry. Equity gained on principal adds $12,906/yr, while 5% annual appreciation compiles into $552,563 by year five. Five-year ROI reaches 94.79% and total cumulative return in cash sums $614,263. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $12,240/mo property income covering a $9,789/mo payment, not borrower’s personal income.
Single Family
Built in 2025
2,900 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-10 | Listed for sale | $1,999,999 |
| 2024-10-23 | Sold | $900,000 |
| 2024-10-02 | Listed for sale | $1,050,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $3961.00 | N/A | $65,100 | 13.14% |
| 2023-04-11 | N/A | N/A | $57,540 | 27.36% |
| 2022-04-11 | N/A | N/A | $45,180 | 16.74% |
Listed by: ZaiYou (Joe) Zhu • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490817
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.
