8785 14th Ave APT 1A, Brooklyn, NY, 11228 | 8.04% Rental Yield

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8785 14th Ave APT 1A, Brooklyn, NY, 11228 | 8.04% Rental Yield | Ziffy

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NMLS #2625701

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8785 14th Ave APT 1B, Brooklyn, NY, 11228

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 8785 14th Ave APT 1A, Brooklyn, NY, 11228 listed at $998,000 pairs $6,684/mo rent with a $4,885/mo payment. Total monthly income runs $6,684/mo. Return on cash invested measures 18.82% in year one, and rental yield registers 8.04% at a $998,000 basis. Equity gained on principal adds $6,440/yr, and annual property appreciation at 5% supports $275,729 by year five. Five-year ROI tracks 98.11% and total cumulative return in cash totals $322,128. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,684/mo property income relative to a $4,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2011

N/A lot

$N/A/sqft

$358 monthly HOA

More details about the property

Experience unparalleled luxury in this stunning condo located in the coveted Dyker Heights neighborhood. This spacious 1667 sq. ft. residence offers an exquisite blend of comfort and elegance, featuring 2 generous bedrooms, 2.5 full bathrooms, a stylish living room with a cozy fireplace, formal dining area, and a gourmet eat-in kitchen with stainless steel appliances and granite countertop. The finished basement, with its high ceilings and tiled flooring, adds significant value with a convenient half bathroom, a dedicated laundry room, and a storage room. Included is a deeded parking spot, with monthly common charges of approximately $358 and an annual property tax of about $2378, thanks to 5 years remaining on the tax abatement. Built in 2011, this condo combines modern design with luxurious amenities in a prime location. Don't miss this exceptional opportunity to own a piece of luxury in one of the most desirable neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,725 (100%)
Owner Occupied HU	7,861 (44.3%)
Renter Occupied HU	8,618 (48.6%)
Vacant Housing Units	1,246 ( 7.0%)
Median Home Value	$1,193,293
Average Home Value	$1,223,802