7401 4th Ave APT E9, Brooklyn, NY, 11209 | $13/mo Cash Flow

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7401 4th Ave APT E9, Brooklyn, NY, 11209 | $13/mo Cash Flow | 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 E9, Brooklyn, NY, 11209 uses $121,992 cash to close to unlock $153/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $2,470/mo, and a $1,801/mo payment keeps the spread at $13/mo. Purchase price stands at $368,000, and rental yield measures 8.05% with $2,470/mo rent. Return on cash invested shows 20.03% in year one, and 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 104.15% and total cumulative return in cash records $127,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,470/mo property income covering a $1,801/mo payment rather than investor’s personal income.

Condo

Built in 1924

N/A lot

$N/A/sqft

No HOA

More details about the property

Bathed in natural sunlight throughout the day, this spacious One-Bedroom Co-op offers both tranquility and convenience in the heart of Bay Ridge. Set at the quiet rear of the building, the apartment enjoys a peaceful ambiance with open views stretching across Brooklyn, perfect for those who appreciate both serenity and city scenery. Inside, youll find a generous layout with a bright, airy Living Room and a King-sized Bedroom featuring a full wall-to-wall closet and additional overhead storage. The Eat-in Kitchen and Bathroom were tastefully renovated within the past decade, blending modern comfort with timeless appeal. Ample closet space is found throughout, ensuring easy organization and functionality. The building offers excellent amenities, including a Laundry Room just an elevator ride away, Delivery Room for incoming packages, and a Resident Superintendent on premises. Storage & Bike Rooms available at an additional fee. Located on vibrant 4th Avenue, youre just one block from Bay Ridges acclaimed restaurant and nightlife scene, as well as nearby banks, supermarkets, and gyms. Commuting is effortless, only two blocks from the R train for a short ride to Manhattan or Atlantic Terminal, and with the B4 bus conveniently on the corner. Surrounded by beautiful parks and waterfront recreation, this home truly combines comfort, convenience, and the charm that defines Bay Ridge living.

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