15 Oliver St APT 4A, Brooklyn, NY, 11209 | $1,195/mo Cash Flow

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15 Oliver St APT 4A, Brooklyn, NY, 11209 | $1,195/mo Cash Flow | 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 15 Oliver St APT 4A, Brooklyn, NY, 11209 uses $112,379 cash to close to unlock $14,345/yr annual cash flow and $1,195/mo monthly cash flow. Total monthly income runs $4,127/mo, and a $1,659/mo payment keeps the spread at $1,195/mo. Purchase price stands at $339,000, and rental yield measures 14.61% with $4,127/mo rent. Return on cash invested shows 32.67% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 174.54% and total cumulative return in cash records $196,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,127/mo property income covering a $1,659/mo payment rather than investor’s personal income.

Condo

Built in 1951

N/A lot

$N/A/sqft

$668 monthly HOA

More details about the property

Welcome to 15 Oliver Street a premier co-op building located in the Shore Road Area. Upon entering this spacious 1 bedroom apartment one is graced with a large Dining Room the separates the Newly Renovated Kitchen from the spacious Living Room. The kitchen features stainless appliances, custom cabinetry and quartz countertops. There are hardwood floors throughout the apartment and plenty of closet space. There is a modern bathroom with new vanity and a window. The bedroom is large and accommodating with room for a King Sized Bed and furniture to compliment. The apartment has just been freshly painted and is in move-in condition! The Oliver building offers a modern laundry facilities, additional storage and parking (waitlist). Located just a few steps from Shore Road, you will find convenient access to walking/bike paths, beautiful parks, and public transportation including the express bus line. This is the apartment you have been waiting for!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	33,347 (100%)
Owner Occupied HU	10,175 (30.5%)
Renter Occupied HU	21,237 (63.7%)
Vacant Housing Units	1,935 ( 5.8%)
Median Home Value	$1,072,126
Average Home Value	$1,081,829