302 96th St APT 2A, Brooklyn, NY, 11209 | 8.68% Rental Yield

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302 96th St APT 2A, Brooklyn, NY, 11209 | 8.68% 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

Investment property for sale in Brooklyn at 302 96th St APT 2A, Brooklyn, NY, 11209 offers a 8.68% rental yield on a $359,000 purchase with $2,598/mo rent. 79% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 73.59% and total cumulative return in cash at $87,583. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1951

N/A lot

$N/A/sqft

$808 monthly HOA

More details about the property

Stunning One-Bedroom Apartment in Prime Location This immaculate one-bedroom apartment features a brand-new galley kitchen with beautiful maple wood cabinets, a chic glass backsplash, quartz countertops, and stainless steel appliances. The space is bathed in natural light thanks to northern and eastern exposures that overlook 96th Street. The updated windowed bathroom and generous closet space offer added convenience, while the freshly painted walls and refinished hardwood floors add to the apartment's charm. The building offers an array of amenities including a live-in superintendent, a renovated lobby with keyless entry, video security intercom, a laundry room on the ground level, bike/storage areas, and a waitlist for indoor parking. Conveniently located just steps from a MET supermarket and public transportation options like NYC express buses, the R train, and easy access to the Belt Parkway. Enjoy outdoor activities at the nearby Shore Road Promenade, which boasts newly designed paths and is just two blocks away. The area is also home to weekend farmer's markets, an 86th Street shopping strip, and a wide variety of restaurants and cafes in Bay Ridge. Call for assessment info.For all offers, financial profile and pre-approval are required.

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