950 70th St APT 1C, Brooklyn, NY, 11228 | 6.15% Rental Yield

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950 70th St APT 1C, Brooklyn, NY, 11228 | 6.15% 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 950 70th St APT 1C, Brooklyn, NY, 11228 offers a 6.15% rental yield on a $749,000 purchase with $3,839/mo rent. 4% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 73.9% and total cumulative return in cash at $182,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,839/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

This rare and stunning duplex two-bedroom condo, easily convertible to three bedrooms, offers the perfect blend of space, comfort, and location. Featuring two bathrooms and a Deeded Parking space, its situated in the heart of highly sought-after Dyker Heights, just moments from 8th Avenue Sunset Park. The lower level includes a spacious recreation room, a 3/4 bath, and a separate entrance, providing excellent flexibility for a home office or additional living space. Enjoy the convenience of being close to everything top-rated schools, restaurants, supermarkets, shopping, parks, and public transportation (B16, B64, B70 buses, and the Fort Hamilton N train). Offering est. 1,022 square feet of living space, a low monthly maintenance fee of $303, and annual property taxes of just $4,907, Dont miss this amazing opportunity this gem wont last long!

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