7401 4th Ave APT C4, Brooklyn, NY, 11209 | 7.3% Rental Yield

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7401 4th Ave APT C4, Brooklyn, NY, 11209 | 7.3% 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 C4, Brooklyn, NY, 11209 offers a 7.3% rental yield on a $698,000 purchase with $4,249/mo rent. 07% in year one. Equity gained on principal adds $4,504/yr while 5% annual appreciation supports $192,845 over five years. Portfolio math shows five-year ROI at 53.55% and total cumulative return in cash at $122,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,249/mo property income against a $3,416/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1924

N/A lot

$N/A/sqft

$1,500 monthly HOA

More details about the property

Spacious 3-Bedroom Co-op Apartment in Prime Bay Ridge Location Welcome to this bright and roomy three bedroom, one and a half bathroom co-op (total six rooms) located on lively 4th Avenue in the heart of Bay Ridge, Brooklyn. This well-kept apartment features a thoughtfully designed layout with ample living space and a jetted bathtubperfect for relaxing after a long day. Located in a well-maintained pre-war elevator building, residents enjoy convenient amenities including a laundry room in the basement, a live-in super, bike storage, and private storage (both fee-based and subject to availability). The location is unbeatablea short distance from public transportation, local public and private schools, parks, everyday shopping, and a wide variety of dining options that make Bay Ridge a true Brooklyn gem. Monthly maintenance includes heat, hot water, and property taxes, offering excellent value and peace of mind. This is a rare opportunity to own a spacious, amenity-rich home in one of Brooklyns most vibrant neighborhoods.

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