








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 697 Jefferson Avenue UNIT 4, Brooklyn, NY, 11221 projects strong ROI of 9.74%. Rental yield 4.57%. With 5% annual appreciation, the property builds $725,792 in value over five years. Equity growth combined delivers a projected five-year ROI of 48.84%, translating into $415,740 in total cumulative return on $851,148 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1910
2,500 sqft 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 |
|---|---|---|
| 2024-08-29 | Listed for sale | $2,627,000 |
| 2024-04-08 | Listing removed | N/A |
| 2024-03-29 | Pending sale | $2,599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | N/A | N/A | $175,950 | 19.94% |
| 2022-09-05 | N/A | N/A | $146,700 | 25.10% |
| 2021-09-05 | N/A | N/A | $117,270 | 3.00% |



Listed by: Robert Napolitano • Capri Jet Realty Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3575369
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.