








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 2483 W 16th St APT 3D, Brooklyn, NY, 11214 generates $3,060/mo in rent, after a $1,811/mo payment. Total monthly income is $3,060/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 9.92% on a $369,999 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 83.89% and total cumulative return in cash sums $102,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$1,033 monthly HOA
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
| 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 |
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $369,999 |
| 2025-02-01 | Listing removed | $369,999 |
| 2024-11-04 | Price change | $369,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Leonard Zbarsky • REMAX Elite
Mls Name: StreetEasy
Mls ID: #S1730492