1820 73rd St APT 1A, Brooklyn, NY, 11204 | 4.31% Rental Yield

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1820 73rd St APT 1A, Brooklyn, NY, 11204 | 4.31% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Brooklyn at 1820 73rd St APT 1A, Brooklyn, NY, 11204 generates $2,760/mo in rent, after a $3,759/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 7.59% in year one, and rental yield is 4.31% on a $768,000 entry. Equity gained on principal adds $4,956/yr, while 5% annual appreciation builds toward $212,184 over five years. Five-year ROI reaches 37.85% and total cumulative return in cash sums $95,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

$257 monthly HOA

More details about the property

A Cozy & Spacious First-Floor Condo with Basement & Parking in a Prime 18th Avenue Location! This charming 1,035 sq. ft. condo offers both comfort and convenience with a low common fee of just $257/month. Located in a highly sought-after area, it is just steps from shopping, top-rated restaurants, banks, pharmacies, and public transportation, including the subway station. The first floor features a bright kitchen with ample cabinet space, a dining area perfect for family meals, a full bathroom, an office space for work-from-home convenience, and high ceilings that enhance the open feel of the home. The fully finished basement offers an additional full bathroom, a laundry area for added convenience, and a separate entrance with outdoor access. The outdoor space includes a huge backyard, perfect for gatherings and relaxation, as well as a private parking space in the rear. With its prime location near the D-line subway station, this home provides effortless access to restaurants, supermarkets, and shopping centers. Dont miss this incredible opportunity to own a cozy yet spacious condo in the heart of 18th Avenue.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11204, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,306 (100%)
Owner Occupied HU	8,047 (29.5%)
Renter Occupied HU	17,747 (65.0%)
Vacant Housing Units	1,512 ( 5.5%)
Median Home Value	$1,179,764
Average Home Value	$1,219,030