444 Bergen St APT 1R, Brooklyn, NY, 11217 | $344/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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444 Bergen St APT 1R, Brooklyn, NY, 11217 | $344/mo Cash Flow | Ziffy

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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 444 Bergen St APT 1R, Brooklyn, NY, 11217 offers $11,916/mo rent that, after a $7,831/mo payment, leaves $344/mo cash flow. Total monthly income is $11,916/mo, and annual cash flow is $4,124/yr on $518,400 cash. Return on cash invested measures 21.17% in year one, and rental yield stands at 8.94% at a $1,600,000 entry. Equity gained on principal adds $10,325/yr while 5% annual appreciation compounds into $442,051 by year five. Five-year ROI records 110.88% and total cumulative return in cash reaches $574,803. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $11,916/mo property income versus a $7,831/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1920

N/A lot

$N/A/sqft

$888 monthly HOA

More details about the property

Offer Accepted! North Slope Gem with Huge Private Garden! Enter this 1500 square foot duplex condo and you will find an expansive living room space, separate dining area and room for an office leading to a huge renovated eat-in kitchen with tons of storage and stainless steel appliances. There also is spacious full bath. This floor features oak flooring, transoms, exposed brick walls and endless charm. The lower floor has been configured to suit the needs of the current owners to include a primary bedroom, a second bedroom, a separate office, a full bath and laundry area. Use as is or easily reconfigure to suit your needs. You can access the huge 928 square foot private garden from either floor! The garden has tons of room for entertaining and still have room for avid urban gardeners. Located next to all the amenities of 5th Avenue, Flatbush Avenue and all of Park Slope, there are also tons or transportation options at your door. Don't miss this opportunity to purchase this very special home! Call for an appointment today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11217, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,719 (100%)
Owner Occupied HU	5,268 (21.3%)
Renter Occupied HU	17,323 (70.1%)
Vacant Housing Units	2,128 ( 8.6%)
Median Home Value	$1,753,412
Average Home Value	$1,604,739