9281 Shore Rd APT 605, Brooklyn, NY, 11209 | $399/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9281 Shore Rd APT 605, Brooklyn, NY, 11209 | $399/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

Rental property for sale in Brooklyn at 9281 Shore Rd APT 605, Brooklyn, NY, 11209 generates $5,035/mo in rent and, after a $2,570/mo payment, leaves $399/mo in cash flow. Total monthly income is $5,035/mo, and annual cash flow is $4,785/yr on $172,725 invested. Return on cash invested sits at 22.83% in year one, and rental yield is 11.51% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash sums $210,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,035/mo property income rather than buyer’s personal income.

Condo

Built in 1940

N/A lot

$N/A/sqft

$1,130 monthly HOA

More details about the property

Sunny and spacious top floor, Junior 4 style one bedroom with absolutely amazing water and Verrazzano Bridge views! Apt 605 at 9281 Shore Road has the most perfect layout, with the option to create an enclosed office/bedroom where the dining area is currently situated. As you enter through the foyer youll find a large room currently set up as an office and two closets. The living room is huge and has three large windows that face out to a picturesque view of the harbor and Bridge. Adjacent is the dining area which also has views of the harbor. The eat in, windowed kitchen has plenty of cabinet and cooking space. The king sized bedroom can fit large furniture and features two well sized closets. 9281 Shore Road is a beautiful pet friendly, pre war building with a fitness center, two laundry rooms, storage rooms (waitlist) and bike room. Express bus to Manhattan so close by! Just a few short blocks to bustling 3rd avenue and the subway on 4th Avenue. This rare top floor apartment wont last!

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