7201 4th Ave APT D4, Brooklyn, NY, 11209 | $923/mo Cash Flow

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7201 4th Ave APT D4, Brooklyn, NY, 11209 | $923/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 7201 4th Ave APT D4, Brooklyn, NY, 11209 listed at $325,000 pairs $3,739/mo rent with a $1,591/mo payment to leave $923/mo cash flow. Total monthly income runs $3,739/mo, and annual cash flow reaches $11,081/yr on $107,738 cash to close. Return on cash invested measures 30.19% in year one, and rental yield registers 13.81% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 161.26% and total cumulative return in cash totals $173,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,739/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1924

N/A lot

$N/A/sqft

$645 monthly HOA

More details about the property

Discover the perfect blend of pre-war charm and modern convenience in this move-in-ready 1-bedroom, 1-bathroom co-op located in the heart of Bay Ridge. Nestled on the fourth floor in a well-maintained elevator building at 7201 Fourth Ave, this residence offers the quintessential Brooklyn living experience. With close proximity to plenty of dining and shopping options on third and fifth avenues and only two blocks from the subway, your new home is a rare find! Step into a bright and airy living space featuring impressive 9.5-foot ceilings, large windows that bathe the rooms in natural light, and beautifully maintained parquet floors. The windowed kitchen is a chef's delight, boasting ample granite countertops, a subway tile backsplash, and plenty of cabinets with recessed lighting. Cooking is a real pleasure here with a range oven and exhaust hood, and cleanup is simple with a full set of stainless steel appliances, including a dishwasher. Relax in the fully tiled windowed bath complete with a shower and modern vanities. The spacious bedroom offers an oversized closet, ensuring all your storage needs are met. 7201 Fourth ave co-op building features an inviting grand lobby with architectural details and ample sitting , an on-site superintendent, a bike room, and storage rooms available with a waitlist, ensuring both convenience and peace of mind. Pets are welcomed. 80% financing or less is allowed and board approval is required. Listing contains virtually staged images. Don't miss this opportunity to own a piece of Bay Ridge's history with all the modern amenities you need. Schedule a viewing today and make this charming co-op your new home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	33,347 (100%)
Owner Occupied HU	10,175 (30.5%)
Renter Occupied HU	21,237 (63.7%)
Vacant Housing Units	1,935 ( 5.8%)
Median Home Value	$1,072,126
Average Home Value	$1,081,829