








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 1198 Jefferson Ave #B, Brooklyn, NY, 11221 with 5% annual appreciation on a $950,000 basis while $3,720/mo rent supports operations. 11% in year one. Equity gained on principal adds $6,130/yr, and five-year appreciation sums $262,467 alongside rental yield of 4.7%. Five-year ROI measures 40.84% and total cumulative return in cash totals $127,658. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,720/mo property income versus a $4,650/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1931
N/A lot
$N/A/sqft
$489 monthly HOA
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nicole Schmidlein • Corcoran
Mls Name: StreetEasy
Mls ID: #S1758806