548 Lafayette Ave #3B, Brooklyn, NY, 11205 | 7.22% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

548 Lafayette Ave #3B, Brooklyn, NY, 11205 | 7.22% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
3 Bath
3117 sft

68 Dewey Ave, Colonia, NJ, 07067

3 Bed
4 Bath
1760 sft

60 Vassar St, Staten Island, NY, 10314

4 Bed
4 Bath
2000 sft

151 Adams Ave, Staten Island, NY, 10306

3 Bed
3 Bath
1750 sft

507 Bay Avenue, Union Beach, NJ, 07735

Nearby investment properties with comparable prices

6 Bed
4 Bath
- sft

56 Sayre St, Elizabeth, NJ, 07208

3 Bed
3 Bath
2260 sft

206 Shearwater Ct W APT 11, Jersey City, NJ, 07305

6 Bed
3 Bath
2400 sft

121-123 Catherine St, Elizabeth, NJ, 07201

5 Bed
2 Bath
- sft

124 W 27th St, Bayonne, NJ, 07002

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

Rental property for sale in Brooklyn at 548 Lafayette Ave #3B, Brooklyn, NY, 11205 priced at $749,000 converts $4,505/mo rent into after a $3,666/mo obligation. Total monthly income equals $4,505/mo. Return on cash invested prints 15.22% in year one, and rental yield reads 7.22% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 79.18% and total cumulative return in cash sums $195,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,505/mo property income covering a $3,666/mo payment, not borrower’s personal income.

Condo

Built in 2019

N/A lot

$N/A/sqft

$498 monthly HOA

More details about the property

Welcome to Residence 3B at 548 Lafayette Avenue! Enter this luminous South-facing home basked with natural light; offering modern features & conveniences, 691SF of interior space, private balcony and your own storage! Attributes include stunning oak flooring, expansive floor-to-ceiling windows, high ceilings that provide an open feel layout, central AC/Heat, Bosch washer/dryer, and a virtual video entry system. The elegant eat-in kitchen is outfitted with custom gray cabinetry, waterfall peninsula countertops, smooth white quartz surfaces, complementary backsplashes, visible wood detailing, and a collection of premium stainless steel appliances from Bosch. Generously proportioned bedroom feature large walk-in closets and readily accommodate King-sized beds with ample space remaining for dressers and nightstands. Bathrooms are complete with sophisticated gray and Carrara tiles, water-saving tankless toilets, deep bathtubs, and Bluetooth-enabled vanity mirrors with built-in audio capabilities. 548 Lafayette Avenue is a meticulously crafted eight-residence boutique condominium situated between the popular avenues of Bedford and Nostrand. Positioned at the juncture of Clinton Hill and Bedford-Stuyvesant, 548 Lafayette is bordered by numerous dining establishments, coffee shops, and cocktail lounges such as Peaches, Speedy Romeos, Samurai Papa, Cpt. Dan's, and so much more. The building is located moments from the G subway line and is a brief walk to the rapid A/C subway lines on Fulton Street.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11205, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,161 (100%)
Owner Occupied HU	4,550 (21.5%)
Renter Occupied HU	14,892 (70.4%)
Vacant Housing Units	1,719 ( 8.1%)
Median Home Value	$988,883
Average Home Value	$1,198,598