








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 40 Schaefer St #1R, Brooklyn, NY, 11207 listed at $699,000 pairs $3,218/mo rent with a $3,421/mo payment. Total monthly income runs $3,218/mo. Return on cash invested measures 8.77% in year one, and rental yield registers 5.52% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 45.06% and total cumulative return in cash totals $103,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,218/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
$715 monthly 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Alex Fincham • Compass
Mls Name: StreetEasy
Mls ID: #S1766138