343 4th Ave APT 11H, Brooklyn, NY, 11215 | 4.47% Rental Yield

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343 4th Ave APT 11H, Brooklyn, NY, 11215 | 4.47% 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 343 4th Ave APT 11H, Brooklyn, NY, 11215 earns from $4,098/mo rent with a $5,384/mo payment. Total monthly income totals $4,098/mo. ROI tracks 9.43% on current figures, and rental yield reads 4.47% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 47.24% and total cumulative return in cash sums $168,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,098/mo property income instead of your personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

More photos to come soon. Gorgeous, bright two bedroom, two bath condominium with a private terrace and expansive views of the Manhattan skyline and harbor. Perched high on the 11th floor, this home offers exceptional light throughout the day and a truly uplifting sense of space. The residence features a modern open layout with stainless steel appliances, dishwasher, in-unit washer/dryer, and central heating and cooling. Hardwood floors run throughout, and the home offers excellent closet space. This full-service luxury condominium provides 24-hour concierge, a fully equipped fitness center with a dedicated yoga room, residents lounge with Wi-Fi, childrens playroom, and a 24-hour attended garage onsite. Just moments from Washington Park/JJ Byrne Park, local cafs and great dining. Very convenient access to transportation. A rare opportunity to live with views, light, and amenities in one of Brooklyns most vibrant neighborhoods

Neighborhood Data

Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,113 (100%)
Owner Occupied HU	10,260 (33.0%)
Renter Occupied HU	18,447 (59.3%)
Vacant Housing Units	2,406 ( 7.7%)
Median Home Value	$1,666,185
Average Home Value	$1,587,839