








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 811 Cortelyou Rd APT 4F, Brooklyn, NY, 11218 generates $3,096/mo in rent, after a $2,080/mo payment. Total monthly income is $3,096/mo. Return on cash invested sits at 12.77% in year one, and rental yield is 8.74% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 68.63% and total cumulative return in cash sums $96,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,096/mo property income rather than buyer’s personal income.
Condo
Built in 1941
N/A lot
$N/A/sqft
$1,096 monthly 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 |
|---|---|---|
| 2024-09-19 | Price change | $425,000 |
| 2024-09-05 | Price change | $445,000 |
| 2024-08-02 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-13 | N/A | N/A | N/A | N/A |
| 2019-02-13 | N/A | N/A | N/A | N/A |
| 2018-02-13 | $243849.23 | N/A | $2,149,200 | -1.61% |



Listed by: Zarifah Dixon • Coldwell Banker Reliable Real Estate
Mls Name: StreetEasy
Mls ID: #S1728794