336 Saint Marks Ave #3B, Brooklyn, NY, 11238 | 6.43% Rental Yield

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336 Saint Marks Ave #3B, Brooklyn, NY, 11238 | 6.43% Rental Yield | Ziffy

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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 336 Saint Marks Ave #3B, Brooklyn, NY, 11238 offers a 6.43% rental yield on a $899,000 purchase with $4,820/mo rent. 36% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 64.03% and total cumulative return in cash at $189,394. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,820/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2018

N/A lot

$N/A/sqft

$714 monthly HOA

More details about the property

This bright 1 bedroom home is situated in one of the finest elevator condominiums in the Prospect Heights neighborhood. The apartment features a favorable split bedroom layout, striking floor to ceiling windows, in-unit washer/dryer, an open concept kitchen, and copious closet space. Ideal for entertaining, the open kitchen with dining island has been masterfully appointed with a premium suite of stainless steel Bosch appliances including a French door refrigerator with ice maker, dishwasher and microwave. as well as custom cabinetry and elegant granite countertops. The kitchen opens to the sun-flooded spacious living room and provides access to your own private outdoor terrace, making this home ideal for entertaining. This apartment is equipped with Central Heat & A/C & Daikin smart thermostats, remote controlled ceiling fans in the bedrooms, and vented Washer/Dryers. Wired for Verizon Fios as well. Building Amenities include indoor parking, resident storage, a virtual doorman, common roof deck and an expansive and expertly landscaped communal garden. Conveniently located nearby the 2,3,B,Q,4,5 & C trains and all nice and fun restaurants and cafes. Do not miss this incredible opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,474 (100%)
Owner Occupied HU	6,812 (23.1%)
Renter Occupied HU	20,449 (69.4%)
Vacant Housing Units	2,213 ( 7.5%)
Median Home Value	$1,403,531
Average Home Value	$1,446,411