468 17th St #1F, Brooklyn, NY, 11215 | $562/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

468 17th St #1F, Brooklyn, NY, 11215 | $562/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2201 sft

30 Briscoe Ter, Hazlet, NJ, 07730

2 Bed
2 Bath
1336 sft

13 Locust Street, Highlands, NJ, 07732

4 Bed
3 Bath
- sft

4 Suffolk Avenue, Port Monmouth, NJ, 07758

5 Bed
3 Bath
1976 sft

3 Dublin Lane, Hazlet, NJ, 07730

Nearby investment properties with comparable prices

7 Bed
3 Bath
2434 sft

22 E 4Th St, Bayonne, NJ, 07002

4 Bed
2 Bath
1800 sft

27 Cranford Ter, Cranford, NJ, 07016

3 Bed
2 Bath
1620 sft

305 Cedar St, Garwood, NJ, 07027

3 Bed
2 Bath
- sft

223 5Th Ave, Garwood, NJ, 07027

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Brooklyn at 468 17th St #1F, Brooklyn, NY, 11215 offers a 9.93% rental yield on a $599,000 purchase with $4,957/mo rent. Total monthly income registers $4,957/mo, and a $2,932/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,741/yr on $197,071 to close, and return on cash invested stands at 23.48% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 123.48% and total cumulative return in cash at $243,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,957/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1989

N/A lot

$N/A/sqft

$395 monthly HOA

More details about the property

Discover your urban sanctuary in this duplex condo, perfectly situated in the highly desirable Park Slope-South Slope neighborhood. Just a short stroll from the lush expanses of Prospect Park, this condo offers the perfect blend of modern sophistication and timeless Brooklyn charm. Nestled on a tranquil, tree-lined street, this home provides a peaceful retreat from the city's hustle and bustle, yet it's just moments away from the vibrant energy that defines this iconic area. Step outside your door to find the best of Brooklyn at your fingertips. Enjoy the convenience of being mere minutes from the F and G trains, delivering you to downtown Manhattan in just 15-20 minutes. Explore an eclectic mix of eateries, artisanal shops, and markets along Prospect Park West and 7th Avenue. The Park Slope Armory YMCA, Nitehawk Theater, weekly farmers markets, and cultural hubs like the Brooklyn Public Library are all within easy reach, making this location perfect for both relaxation and recreation. Inside, this move-in-ready condo exudes warmth and style. The recently renovated bathroom features sleek, contemporary finishes that add a touch of luxury. The lower-level bedroom is a haven with new flooring and ample space. Throughout the home, hardwood floors lend a sense of continuity and classic appeal, enhancing the overall aesthetic. The expansive bedroom is a true retreat, offering room for a king-size bed, a home office setup, and more. Custom closets line one wall, providing generous storage solutions without sacrificing style. The winding staircase not only serves as a functional element but also as an architectural focal point that elevates the space's character. With impressively low common charges and a special assessment of just $194 until December 2025, this is a rare opportunity to own a stunning duplex condo in the heart of South Slope. The possibility of on-site parking for rent or purchase further enhances the convenience of this prime location. Don't miss your chance to join a vibrant community and enjoy the best that Brooklyn living has to offer.

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