414 Albemarle Rd APT 1D, Brooklyn, NY, 11218 | $765/mo Cash Flow

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414 Albemarle Rd APT 1D, Brooklyn, NY, 11218 | $765/mo Cash Flow | 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

Rental property for sale in Brooklyn at 414 Albemarle Rd APT 1D, Brooklyn, NY, 11218 offers $4,843/mo rent that, after a $2,447/mo payment, leaves $765/mo cash flow. Total monthly income is $4,843/mo, and annual cash flow is $9,184/yr on $165,750 cash. Return on cash invested measures 25.45% in year one, and rental yield stands at 11.62% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 135.15% and total cumulative return in cash reaches $224,012. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,843/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1941

N/A lot

$N/A/sqft

$739 monthly HOA

More details about the property

Discover a hidden gem at 414 Albemarle Road, Unit 1D, a fantastic opportunity for those seeking to create their dream home in a vibrant neighborhood. This charming 4-room co-op features a flexible layout, cuurently a one bedroom and one bathroom, perfectly nestled in a well-maintained pre-war low-rise building. Embrace the elegance of timeless architecture with high ceilings and inviting original details like archways, adding character to the space. While the unit awaits a personal touch to restore its sparkle, it presents the chance to truly make it your own. Pets are welcomed, ensuring your furry friends will feel right at home. Nestled on the boarder of the Kensington and Windsor Terrace neighborhoods, you'll find yourself immersed in a community bursting with local charm. Step outside and enjoy proximity to the F and G subway lines, making city commuting a breeze, Prospect Park, tennis center and stables. Savor the vibrant local culture at cafes, eateries, and small businesses like Hamilton's, Steeplechase Coffee, Batata, Wheated, and Jaya Yoga. With excellent building amenities such as bike storage, a live-in super, common backyard garden space, in building laundry and storage and bike storage. This pet-friendly coop offers both convenience and comfort. Don't miss your chance to transform this unique space into a cozy sanctuary. Call today to schedule a showing and start envisioning your dream home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,624 (100%)
Owner Occupied HU	7,691 (27.8%)
Renter Occupied HU	17,935 (64.9%)
Vacant Housing Units	1,998 ( 7.2%)
Median Home Value	$1,054,643
Average Home Value	$1,154,933