8785 14th Ave APT 1B, Brooklyn, NY, 11228 | 6.16% Rental Yield

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8785 14th Ave APT 1B, Brooklyn, NY, 11228 | 6.16% 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

Rental property for sale in Brooklyn at 8785 14th Ave APT 1B, Brooklyn, NY, 11228 generates $5,122/mo in rent, after a $4,885/mo payment. Total monthly income is $5,122/mo. Return on cash invested sits at 14.42% in year one, and rental yield is 6.16% on a $998,000 entry. Equity gained on principal adds $6,440/yr, while 5% annual appreciation builds toward $275,729 over five years. Five-year ROI reaches 74.04% and total cumulative return in cash sums $243,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,122/mo property income rather than buyer’s personal income.

Condo

Built in 2011

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience refined living in this exceptional 1,752 square foot condo with private driveway and sideyard nestled in the heart of highly sought-after Dyker Heights. Built in 2011, this beautifully maintained residence offers a seamless blend of modern design and timeless elegance. The home features 2 spacious bedrooms, 2 full bathrooms, and 1 convenient half bathroom. Enjoy the inviting ambiance of the stylish living room complete with a cozy fireplace, a formal dining area perfect for entertaining, and a gourmet eat-in kitchen outfitted with stainless steel appliances and granite countertops. The fully finished basement boasts high ceilings, a half bathroom, a dedicated laundry room, and an oversize storage room, adding significant value and functionality. Outside, a private driveway, front carport, and a side yard enhance the appeal of this luxurious offering. With monthly common charges of approximately $358 and an annual property tax of just $2,654 with a tax abatementthis is a rare opportunity to own a sophisticated home in one of Brooklyns most desirable neighborhoods. Dont miss out!

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