3395 Nostrand Ave APT 4F, Brooklyn, NY, 11229 | $906/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3395 Nostrand Ave APT 4F, Brooklyn, NY, 11229 | $906/mo Cash Flow | Ziffy

For Sale

Listed for sale 4 days ago

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 3395 Nostrand Ave APT 4F, Brooklyn, NY, 11229 uses $145,529 cash to close to unlock $10,873/yr annual cash flow and $906/mo monthly cash flow. Total monthly income runs $3,838/mo, and a $2,149/mo payment keeps the spread at $906/mo. Purchase price stands at $439,000, and rental yield measures 10.49% with $3,838/mo rent. Return on cash invested shows 27.38% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 143.57% and total cumulative return in cash records $208,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,838/mo property income covering a $2,149/mo payment rather than investor’s personal income.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Madison/ Sheepshead Bay; Welcome to this fully renovated 2-bedroom, 1.5-bathroom apartment that perfectly blends modern design with everyday comfort. The apartment features a custom-made eat-in kitchen with quartz countertops, stainless steel appliances (including a dishwasher), and a space for a tableideal for enjoying your meals. Both bathrooms have been stylishly renovated with white porcelain tile, new fixtures, and modern finishes. One is a full bathroom with a bathtub, and the second is a convenient half-bath en suite to the primary bedroom. The primary bedroom is very spacious and includes a private half bathroom. The second bedroom comfortably fits a queen-size bed. Both bedrooms offer custom closets and beautiful hardwood floors throughout the apartment. Located in a highly convenient neighborhood, close to Marine Park, public transportation (Q & B trains, B3 and B44 buses), and easy access to the Belt Parkway. Enjoy nearby restaurants, grocery stores, and shopping along Avenue U. Additional features include: Garage parking available immediately; Pet-friendly building; Subleasing allowed from day one.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11229, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,898 (100%)
Owner Occupied HU	13,087 (39.8%)
Renter Occupied HU	17,854 (54.3%)
Vacant Housing Units	1,957 ( 5.9%)
Median Home Value	$849,561
Average Home Value	$904,894