490 Van Buren St #3A, Brooklyn, NY, 11221 | 7.58% Rental Yield

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

Total monthly income runs $4,733/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 7.58% with $4,733/mo rent. Return on cash invested shows 18.75% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 97.26% and total cumulative return in cash records $239,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,733/mo property income covering a $3,666/mo payment rather than investor’s personal income.

Condo

Built in 2018

N/A lot

$N/A/sqft

No HOA

More details about the property

Modern 2 Bedroom WITH PRIVATE BALCONY in Boutique Condo! The Residence: - Bright and quiet two-bedroom with a modern split layout - Beautiful hardwood floors throughout - Open living and dining area flooded with natural light - Sleek kitchen with stone countertops, custom cabinetry, and stainless-steel appliances (including gas stove and dishwasher) - Spacious bathroom with elegant tilework, floating vanity, deep soaking tub, and rainfall showerhead - In-unit washer/dryer for ultimate convenience - Lots of closet and storage space! The Building: - Located within an intimate, boutique condominium, 490 Van Buren Street offers a private and peaceful lifestyle with contemporary flair. - Modern, well-maintained building with low carrying costs - Shared rooftop deck with sweeping neighborhood views - Pet-friendly environment The Neighborhood: - Perfectly positioned where Bushwick meets Stuyvesant Heights, 490 Van Buren offers the best of both worldscreative energy and classic Brooklyn charm. - Youre seconds from the lively Broadway and Malcolm X Boulevard corridors, home to popular cafs, bars, and restaurants, and just a few blocks from Saratoga Park and Herbert Von King Park. - Convenient access to the J and Z trains makes commuting to Manhattan seamless, while nearby galleries and boutiques add to the neighborhoods distinctive character. Experience modern Brooklyn living in a dynamic, connected community with small-building intimacy and big-city convenience. Photos may be virtually staged and of a similar apartment

Neighborhood Data

Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	38,771 (100%)
Owner Occupied HU	6,151 (15.9%)
Renter Occupied HU	29,138 (75.2%)
Vacant Housing Units	3,482 ( 9.0%)
Median Home Value	$1,248,648
Average Home Value	$1,267,842