








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 531 Vanderbilt Ave #6A, Brooklyn, NY, 11238 generates $4,447/mo in rent, after a $3,793/mo payment. Total monthly income is $4,447/mo. Return on cash invested sits at 14.81% in year one, and rental yield is 6.89% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 76.75% and total cumulative return in cash sums $195,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,447/mo property income rather than buyer’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$388 monthly HOA
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Listed for sale | $775,000 |
| 2022-06-02 | Sold | $700,000 |
| 2022-03-01 | Sold | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | N/A | N/A | $52,718 | 5.81% |
| 2022-11-13 | N/A | N/A | $49,824 | 5.97% |
| 2021-11-13 | N/A | N/A | $47,018 | 3.55% |



Listed by: Andrea Anzaldo • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1732961