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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 1271 38th St #4, Brooklyn, NY, 11218 listed at $1,999,000 pairs $4,478/mo rent with a $9,784/mo payment. Total monthly income runs $4,478/mo. Return on cash invested measures 3.93% in year one, and rental yield registers 2.69% at a $1,999,000 basis. Equity gained on principal adds $12,899/yr, and annual property appreciation at 5% supports $552,287 by year five. Five-year ROI tracks 17.74% and total cumulative return in cash totals $114,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,478/mo property income relative to a $9,784/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1931
1,807 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,624 (100%) |
| Owner Occupied HU | 7,691 (27.8%) |
| Renter Occupied HU | 17,935 (64.9%) |
| Vacant Housing Units | 1,998 ( 7.2%) |
| Median Home Value | $1,054,643 |
| Average Home Value | $1,154,933 |
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
Date | Event | Price |
|---|---|---|
| 2025-02-09 | Price change | $1,999,000 |
| 2024-11-21 | Price change | $2,175,000 |
| 2024-06-03 | Price change | $2,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $246,600 | -1.97% |
| 2022-02-13 | N/A | N/A | $251,550 | 11.13% |
| 2021-02-13 | N/A | N/A | $226,350 | -4.91% |
Listed by: Ichok Landau • Real Broker LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #487594
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.
