1845 83rd St APT 2, Brooklyn, NY, 11214 | 4.68% Rental Yield

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1845 83rd St APT 2, Brooklyn, NY, 11214 | 4.68% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Brooklyn at 1845 83rd St APT 2, Brooklyn, NY, 11214 offers a 4.68% rental yield on a $839,000 purchase with $3,275/mo rent. 07% in year one. Equity gained on principal adds $5,414/yr while 5% annual appreciation supports $231,800 over five years. Portfolio math shows five-year ROI at 45.66% and total cumulative return in cash at $126,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,275/mo property income against a $4,106/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1989

N/A lot

$N/A/sqft

$200 monthly HOA

More details about the property

GREAT LOCATION, PRIVATE DRIVEWAY, GARAGE & BACKYARD!!!!heart of Bensonhurst, offering a 1,082 sq ft 2-bedroom condo (including a master suite) with 2 full bathrooms, plus the exceptional bonus of approximately 300 sq ft detached brick garage, private driveway, and backyardall with remarkably low costs $4,857/yr taxes and $200/month for common charges. The bright second-floor unit features modern finishes and this rare find location just minutes away from shopping and markets, with quick access to buses and the D train, and zoned for top schools, A perfect blend of space, value, and convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.

Housing Distribution

Housing Statistics

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