




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 234 Stanhope St APT 2L, Brooklyn, NY, 11237 priced at $1,999,999 converts $3,713/mo rent into after a $9,789/mo obligation. Total monthly income equals $3,713/mo. Return on cash invested prints 2.51% in year one, and rental yield reads 2.23% against a $1,999,999 entry. Equity gained on principal adds $12,906/yr, while 5% annual appreciation compiles into $552,563 by year five. Five-year ROI reaches 10.12% and total cumulative return in cash sums $65,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,713/mo property income covering a $9,789/mo payment, not borrower’s personal income.
Single Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11237, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,694 (100%) |
| Owner Occupied HU | 1,484 ( 7.9%) |
| Renter Occupied HU | 16,088 (86.1%) |
| Vacant Housing Units | 1,122 ( 6.0%) |
| Median Home Value | $1,120,000 |
| Average Home Value | $1,169,593 |
Residential
16,389
Single Family
2,877
Multi-Family
13,512
Businesses
1,708
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $1,999,999 |
| 2024-12-13 | Listing removed | $2,300 |
| 2024-12-11 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jenely Bautista • Exit Realty DKC
Mls Name: StreetEasy
Mls ID: #S1766707