7401 4th Ave APT B4, Brooklyn, NY, 11209 | 9.68% Rental Yield

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7401 4th Ave APT B4, Brooklyn, NY, 11209 | 9.68% Rental Yield | Ziffy

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

Investment property for sale in Brooklyn at 7401 4th Ave APT B4, Brooklyn, NY, 11209 listed at $825,000 pairs $6,655/mo rent with a $4,038/mo payment. Total monthly income runs $6,655/mo. Return on cash invested measures 17.95% in year one, and rental yield registers 9.68% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 95.53% and total cumulative return in cash totals $259,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,655/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1924

N/A lot

$N/A/sqft

$1,624 monthly HOA

More details about the property

Rare Classic Six in the Heart of Bay Ridge! This beautifully maintained Classic Six co-op blends pre-war charm with modern upgrades across a spacious 1,300 sq ft layout. Featuring 3 full bedrooms and 2 bathrooms, the apartment welcomes you with a large foyer that opens into an large living room and a bright formal dining roomperfect for both entertaining and everyday living. The eat-in kitchen is outfitted with custom cabinetry, a Wolf range, dishwasher, and large double-door refrigeratorideal for home chefs. Thoughtful details throughout the apartment include custom closets in the primary bedroom, ample hallway storage, dimmer-controlled and upgraded lighting fixtures, and pristine Brazilian wood floors throughout. Located in a well-managed elevator building with central laundry and available storage lockers. Conveniently located one block to the R train at Bay Ridge Parkway and another block to the neighborhoods best restaurants, cafes, and markets along 3rd Avenue. Enjoy the nearby waterfront parks along the nearby Shore Road Promenade, and everything Bay Ridge has to offer. Contact listing agent today to schedule a tour!

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