20 93rd St APT 3C, Brooklyn, NY, 11209 | 10.49% Rental Yield

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20 93rd St APT 3C, Brooklyn, NY, 11209 | 10.49% Rental Yield | Ziffy

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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

Investment property for sale in Brooklyn at 20 93rd St APT 3C, Brooklyn, NY, 11209 at $469,000 posts ROI 19.84% with from $4,098/mo rent. Total monthly income equals $4,098/mo. Return on cash invested measures 19.84% and rental yield reads 10.49% at the current $469,000. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 by year five. Five-year ROI prints 105.83% and total cumulative return in cash totals $164,539. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1935

N/A lot

$N/A/sqft

$975 monthly HOA

More details about the property

Sponsor apartment, No Board Approval Needed! With top-of-the-line appliances Dishwasher, high quality grand Stove and top of the line refrigerator. With beautiful kitchen cabinets And quartz countertops. All new JR 4 Apartment One bedroom plus another smaller room. Prime location 90's off shore Rd . Coop building in Bay Ridge Brooklyn. Chef professional kitchen With top of the line appliances Dishwasher, high quality grand Stove and top of the line refrigerator. With beautiful kitchen cabinets And quartz countertops. The space is utilized efficiently, and enables the maximization of every inch. It features a beautifully renovated kitchen, bathroom and everything else. The unit has great storage with 7 closets. 20 93rd street is a pet-friendly building which offers a full-time super, and on site laundry room. The building allows owners to enjoy a prime location on one of Bay Ridge's most just off Shore road, and within close proximity to some of the best shops and restaurants. Get around town easily with the R train and express bus nearby Asking price $499.000 Maintenance $975

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