








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 381 Jerome Street, Brooklyn, NY, 11207 with 5% annual appreciation on a $998,000 basis while $7,795/mo rent supports operations. Total monthly income totals $7,795/mo and a $4,885/mo payment preserves $1,130/mo for cash returns. Annual cash flow comes to $13,563/yr on $328,342 deployed, and return on cash invested reaches 24.19% in year one. Equity gained on principal adds $6,440/yr, and five-year appreciation sums $275,729 alongside rental yield of 9.37%. Five-year ROI measures 126.42% and total cumulative return in cash totals $415,092.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,795/mo property income versus a $4,885/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1901
1,667 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
Date | Event | Price |
|---|---|---|
| 2024-07-17 | Listed for sale | $998,000 |
| 2024-07-15 | Listing removed | N/A |
| 2024-06-25 | Listed for sale | $1,125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $42,720 | -8.72% |
| 2022-08-14 | N/A | N/A | $46,800 | 23.03% |
| 2021-08-14 | N/A | N/A | $38,040 | 1.44% |



Listed by: David Yakubov • Trusted Property Advisors Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3566415
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.