1462 Flatbush Ave APT 2B, Brooklyn, NY, 11210 | 7.28% Rental Yield

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1462 Flatbush Ave APT 2B, Brooklyn, NY, 11210 | 7.28% Rental Yield | Ziffy

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Brooklyn at 1462 Flatbush Ave APT 2B, Brooklyn, NY, 11210 earns from $2,729/mo rent with a $2,203/mo payment. Total monthly income totals $2,729/mo. ROI tracks 14.96% on current figures, and rental yield reads 7.28% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 77.94% and total cumulative return in cash sums $116,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,729/mo property income instead of your personal income.

Condo

Built in 2023

N/A lot

$N/A/sqft

$339 monthly HOA

More details about the property

Introducing this elegant 1-bedroom, 1-bathroom balcony condo at Avanti, a brand new boutique condominium boasting a central Brooklyn address and chic interiors designed for modern city living. Natural light streams through floor-to-ceiling Pella windows. Lutron switches control dimmable recessed lighting, and Daikin mini-split heat pumps offer eco-friendly temperature control in every room. A tasteful foyer with a coat closet and full bathroom leads into an open-concept living, dining, and kitchen area saturated with natural light. The living space opens out to a lovely balcony perfect for enjoying morning coffee, outdoor reading, and urban gardening. The kitchen is stylish and contemporary, equipped with custom matte white cabinets, stunning quartz countertops and backsplashes, Grohe faucets, and stainless steel appliances from Summit, Frigidaire, and Blomberg. The bedroom has a private reach-in closet, and the bathroom has warm wood accents, lovely tiles, matte black fixtures, and a deep soaking tub with a glass partition and rain showerhead. A washer/dryer completes the home. Residents of Avanti enjoy a common rooftop deck, a secure package area, bicycle parking, private storage, a dedicated co-working lounge, a virtual doorman system, and a fully-equipped fitness center. The building is situated directly on Flatbush Avenue close to Ditmas Park, and it is moments from restaurants, cafes, and shops. Brooklyn College, Target, and ALDI are close by, and nearby subway lines include the 2/5/B/Q.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,039 (100%)
Owner Occupied HU	8,974 (34.5%)
Renter Occupied HU	15,478 (59.4%)
Vacant Housing Units	1,587 ( 6.1%)
Median Home Value	$859,832
Average Home Value	$946,487