8301 Ridge Blvd APT 5G, Brooklyn, NY, 11209 | 7.47% Rental Yield

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8301 Ridge Blvd APT 5G, Brooklyn, NY, 11209 | 7.47% 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 8301 Ridge Blvd APT 5G, Brooklyn, NY, 11209 earns from $3,424/mo rent with a $2,692/mo payment. Total monthly income totals $3,424/mo. ROI tracks 18.41% on current figures, and rental yield reads 7.47% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 95.44% and total cumulative return in cash sums $172,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,424/mo property income instead of your personal income.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 8301 Ridge Boulevard, 5G a light-filled Junior 4 coop located on the fifth floor of one of Bay Ridges most sought-after buildings, offering stunning views of the Verrazzano Bridge and access to a beautiful in-ground pool! This spacious corner unit enjoys treetop views from every window with sunny southern and eastern exposures that fill the home with natural light throughout the day. Its ideal layout ensures no wasted space. The bright and airy living/dining room features high ceilings and can easily be converted to a two-bedroom by partitioning the dining area. The renovated kitchen showcases stainless steel appliances, custom cabinetry, and stone countertops. The primary bedroom has two exposures and comfortably fits a king-size bed. Additional highlights include gorgeous hardwood floors and generous closet space. Building amenities include a circular driveway, indoor parking garage (waitlist), private storage locker (included), bike room, laundry facilities, upgraded intercom system, newly renovated elevator, live-in super, and an in-ground pool with a patioperfect for relaxing or entertaining. Ideally located just one block from local shops, restaurants, and cafsand close to the subway to Manhattan and Bay Ridges waterfront parksthis apartment truly has it all. Come see it this weekend and make it yours in time for the holidays!

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