282 E 35th St APT 4U, Brooklyn, NY, 11203 | $230/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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282 E 35th St APT 4U, Brooklyn, NY, 11203 | $230/mo Cash Flow | 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 282 E 35th St APT 4U, Brooklyn, NY, 11203 generates $1,559/mo in rent and, after a $974/mo payment, leaves $230/mo in cash flow. Total monthly income is $1,559/mo, and annual cash flow is $2,761/yr on $65,969 invested. Return on cash invested sits at 24.09% in year one, and rental yield is 9.4% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 126% and total cumulative return in cash sums $83,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,559/mo property income rather than buyer’s personal income.

Condo

Built in 1957

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 282 East 35th Street, Unit 4U a delightful coop residence nestled in a charming post-war, low-rise building. This meticulously maintained unit showcases a harmonious blend of modern comforts and classic charm, making it a wonderful choice for those who appreciate quality living. Step inside to find an inviting space with gleaming hardwood floors and abundant natural light, highlighting the excellent condition of this cozy haven. The newly renovated kitchen is a chef's delight, featuring sleek stainless steel appliances that effortlessly combine style and function. The bathroom has also been tastefully updated, ensuring a fresh and modern feel. Pet lovers will be thrilled to know that your furry friends are welcome here, making it truly a place to call home. The building provides a host of convenient amenities, including central laundry facilities, ensuring everyday tasks are a breeze. The vibrant neighborhood offers a wealth of attractions, with easy access to plenty of recreational activities, shopping, and dining options, providing endless opportunities to enjoy the lively surroundings. Don't miss the chance to experience this exceptional living space. Schedule a showing today to discover all that Unit 4U has to offer. Your future home awaits!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11203, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,458 (100%)
Owner Occupied HU	10,125 (33.2%)
Renter Occupied HU	18,555 (60.9%)
Vacant Housing Units	1,778 ( 5.8%)
Median Home Value	$671,755
Average Home Value	$719,379