








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 289 Troutman St APT 3B, Brooklyn, NY, 11237 generates $3,577/mo in rent, after a $3,769/mo payment. Total monthly income is $3,577/mo. Return on cash invested sits at 11.27% in year one, and rental yield is 5.57% on a $770,000 entry. Equity gained on principal adds $4,969/yr, while 5% annual appreciation builds toward $212,737 over five years. Five-year ROI reaches 57.64% and total cumulative return in cash sums $146,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,577/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$290 monthly 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 |
|---|---|---|
| 2025-08-25 | Listed for sale | $770,000 |
| 2025-08-01 | Sold | $635,534 |
| 2020-12-17 | Sold | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | $3765.00 | N/A | $84,942 | -11.23% |
| 2023-08-26 | N/A | N/A | $95,688 | 1.78% |
| 2022-08-26 | N/A | N/A | $94,014 | 10.75% |



Listed by: Hilah Hadaway Williams • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1786450