8701 Shore Rd APT 137, Brooklyn, NY, 11209 | 7.71% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8701 Shore Rd APT 137, Brooklyn, NY, 11209 | 7.71% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1800 sft

27 Frederick St, Staten Island, NY, 10314

5 Bed
5 Bath
5740 sft

1044 Edgegrove Ave, Staten Island, NY, 10309

3 Bed
1 Bath
868 sft

46 Parker St, Staten Island, NY, 10307

2 Bed
2 Bath
- sft

50 Pacific Blvd, Old Bridge, NJ, 08857

Nearby investment properties with comparable prices

3 Bed
2 Bath
1140 sft

160 Brown Ave, Iselin, NJ, 08830

2 Bed
2 Bath
1380 sft

5 Elkhart St, Staten Island, NY, 10308

4 Bed
2 Bath
1539 sft

195 Main Street, Matawan, NJ, 07747

3 Bed
2 Bath
1572 sft

31 Madison Ave, Old Bridge, NJ, 08857

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Brooklyn at 8701 Shore Rd APT 137, Brooklyn, NY, 11209 generates $3,599/mo in rent, after a $2,741/mo payment. Total monthly income is $3,599/mo. Return on cash invested sits at 19.14% in year one, and rental yield is 7.71% on a $559,999 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,717 over five years. Five-year ROI reaches 99.36% and total cumulative return in cash sums $183,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,599/mo property income rather than buyer’s personal income.

Condo

Built in 1932

N/A lot

$N/A/sqft

No HOA

More details about the property

This elevated first-floor 2-bedroom apartment offers the privacy and security of a second-floor home. Upon entering the home, you're met with original pre-war charm including an accent wall with exposed brick, high ceilings, and hardwood floors throughout. Every room has windows to let in fresh air and natural light. The spacious primary bedroom spans nearly 13' x 17' allowing a king bed to fit with additional space for other furniture. You'll also find a large closet that will fit all your needs. Enjoy a beautifully tiled bathroom and walk-in shower. The open-concept kitchen flows into the living and dining areas, perfect for both relaxing and entertaining. The second bedroom is perfect for a compact bedroom or home office. This home is well maintained and move in ready! The building is pet-friendly (1 dog up to 40 lbs, 2 cats, or 1 of each) and offers practical amenities such as a locked package room, 2 laundry rooms, 2 free bike storage rooms, and optional storage units (waitlist/fee). Meticulously maintained grounds are cared for daily by a live-in super and two porters. Commuting is easy with express buses (X27/X37) at your doorstep, the R train within minutes away, and ferry access via the 69th Street Pier. Enjoy all that Bay Ridge has to offer with shopping and restaurants a few moments away. Across the street is Shore Road Park offering miles of trails for biking, skating, running, or relaxing by the waterfront. Come home to comfort, character, and convenience on Shore Road. Reach out today and schedule a viewing.

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