285 E 35th St APT 5L, Brooklyn, NY, 11203 | 9.3% Rental Yield

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285 E 35th St APT 5L, Brooklyn, NY, 11203 | 9.3% 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

Total monthly income runs $1,434/mo, and a $905/mo payment. Purchase price stands at $185,000, and rental yield measures 9.3% with $1,434/mo rent. Return on cash invested shows 10.44% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 57.63% and total cumulative return in cash records $35,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,434/mo property income covering a $905/mo payment rather than investor’s personal income.

Condo

Built in 1959

N/A lot

$N/A/sqft

$683 monthly HOA

More details about the property

Welcome to your new sanctuary in the heart of Brooklyn! Located at 285 East 35th Street, Unit 5L, this fantastic post-war co-op offers the perfect blend of charm and modern convenience. With a well-appointed room, a stylish bathroom, and situated on the fifth floor of a low-rise building, this residence exudes warmth and elegance. Step inside to discover an impeccably maintained living space, where every detail is designed with comfort in mind. The open layout allows light to flow freely, creating an inviting atmosphere that's ideal space for relaxation and entertainment. Explore the vibrant area just beyond your doorstep, offering a variety of dining, shopping, and leisure options. Enjoy peaceful strolls in nearby parks or take advantage of the excellent transportation options for easy commutes and urban adventures. Don't let this opportunity slip away! Schedule a showing today and experience the perfect place to call home.

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