9707 4th Ave APT 4G, Brooklyn, NY, 11209 | 8.23% Rental Yield

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9707 4th Ave APT 4G, Brooklyn, NY, 11209 | 8.23% 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 9707 4th Ave APT 4G, Brooklyn, NY, 11209 offers a 8.23% rental yield on a $378,000 purchase with $2,592/mo rent. 79% in year one. Equity gained on principal adds $2,439/yr while 5% annual appreciation supports $104,434 over five years. Portfolio math shows five-year ROI at 58.13% and total cumulative return in cash at $72,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,592/mo property income against a $1,850/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1957

N/A lot

$N/A/sqft

$1,020 monthly HOA

More details about the property

Unheard of 900 Sqft for a 1 Bedroom! (Possible conversion to Junior 4 with board approval) Enter into this charming co-op unit featuring a 1 bedroom, a spacious living room and dining room combo for entertaining, and a recently renovated eat-in kitchen that will delight any home cook. Bathroom renovated in October 2024. . Full bath with Tub and generous closet spaces provides ample storage. An expansive foyer awaits your creative touch, perfect for transforming into an office space or a welcoming entryway. With a monthly maintenance fee of $1020 that covers heat, hot water, sewer, and annual taxes, worry-free living is at your fingertips. Plus, enjoy the ease of commuting with quick access to the MTA R Train and Bus B16, making this your ideal home sweet home. Can Sublet after 2 Years Residency. Seller will credit buyer for 6 months of current planned assessment.

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