








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 638 Monroe St, Brooklyn, NY, 11221 listed at $1,750,000 pairs $5,195/mo rent with a $8,565/mo payment. Total monthly income runs $5,195/mo. Return on cash invested measures 6.63% in year one, and rental yield registers 3.56% at a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,493 by year five. Five-year ROI tracks 32.21% and total cumulative return in cash totals $182,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,195/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1899
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $1,750,000 |
| 2025-03-18 | Listing removed | $1,800,000 |
| 2025-02-28 | Listed for sale | $1,800,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $3972.00 | N/A | $100,980 | -6.76% |
| 2023-05-29 | N/A | N/A | $108,300 | 14.89% |
| 2022-05-29 | N/A | N/A | $94,260 | 12.94% |



Listed by: Anthony Robles • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1773466