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% |
Investment property for sale in Brooklyn at 1838 W 13th St APT 1A, Brooklyn, NY, 11223 offers a 10.55% rental yield on a $518,000 purchase with $4,555/mo rent. Total monthly income registers $4,555/mo, and a $2,535/mo payment leaves $896/mo available for distribution. Annual cash flow reaches $10,755/yr on $170,422 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $3,343/yr while 5% annual appreciation supports $143,114 over five years. Portfolio math shows five-year ROI at 138.63% and total cumulative return in cash at $236,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,555/mo property income against a $2,535/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,920 (100%) |
| Owner Occupied HU | 9,651 (30.2%) |
| Renter Occupied HU | 20,192 (63.3%) |
| Vacant Housing Units | 2,077 ( 6.5%) |
| Median Home Value | $1,073,206 |
| Average Home Value | $1,146,126 |
Residential
23,793
Single Family
11,075
Multi-Family
12,718
Businesses
2,108
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $518,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | N/A | N/A | $71,616 | 1.77% |
| 2022-08-13 | N/A | N/A | $70,369 | 25.02% |
| 2021-08-13 | N/A | N/A | $56,286 | 2.99% |
Listed by: Lai King (Jackie) Li • Jadestone Development Realty
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485017
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.
