








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 319 Schermerhorn St #11B, Brooklyn, NY, 11217 generates $5,076/mo in rent, after a $6,730/mo payment. Total monthly income is $5,076/mo. Return on cash invested sits at 9.31% in year one, and rental yield is 4.43% on a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 46.56% and total cumulative return in cash sums $207,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,076/mo property income rather than buyer’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11217, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,719 (100%) |
| Owner Occupied HU | 5,268 (21.3%) |
| Renter Occupied HU | 17,323 (70.1%) |
| Vacant Housing Units | 2,128 ( 8.6%) |
| Median Home Value | $1,753,412 |
| Average Home Value | $1,604,739 |
Residential
20,350
Single Family
2,859
Multi-Family
17,491
Businesses
1,444
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Arnold Chu • Home Ambassadors
Mls Name: StreetEasy
Mls ID: #S1780107