468 17th St #1A, Brooklyn, NY, 11215 | $912/mo Cash Flow

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468 17th St #1A, Brooklyn, NY, 11215 | $912/mo Cash Flow | 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 468 17th St #1A, Brooklyn, NY, 11215 listed at $565,000 pairs $4,957/mo rent with a $2,765/mo payment to leave $912/mo cash flow. Total monthly income runs $4,957/mo, and annual cash flow reaches $10,949/yr on $185,885 cash to close. Return on cash invested measures 25.95% in year one, and rental yield registers 10.53% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 136.49% and total cumulative return in cash totals $253,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,957/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

$272 monthly HOA

More details about the property

Discover your urban retreat in this well-maintained duplex condo, ideally located in the sought-after South Slope/Park Slope neighborhood. Just minutes from Prospect Park, this home combines modern design with classic Brooklyn charm, nestled on a quiet, tree-lined street. Enjoy easy access to the F and G trains, putting downtown Manhattan only 15-20 minutes away. The area offers a vibrant mix of eateries, shops, and cultural spots like Nitehawk Theater, weekly farmers markets, and the Park Slope Armory YMCA. Inside, this freshly painted, move-in-ready condo captivates with hardwood floors and a renovated bathroom featuring sleek, modern finishes. The winding staircase adds character, leading to a spacious lower-level bedroom with new flooring, room for a cozy home office nook, and a wall of spaciously designed closets. Supplemental storage beneath the winding steps adds to the homes sleek design. With low common charges plus optional on-site parking, this condo is a rare find in a prime location. Seize this opportunity to own a slice of Brooklyn charm!

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