9707 4th Ave APT 5S, Brooklyn, NY, 11209 | 8.85% Rental Yield

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9707 4th Ave APT 5S, Brooklyn, NY, 11209 | 8.85% 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 5S, Brooklyn, NY, 11209 offers a 8.85% rental yield on a $319,000 purchase with $2,352/mo rent. 51% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 57.47% and total cumulative return in cash at $60,769. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,561/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

$1,050 monthly HOA

More details about the property

MOTIVATED SELLER - BEST DEAL IN THE BUILDING Welcome to Bay Ridge This spacious Bay Ridge 1 Bedroom co-op apartment is located in very well maintained doorman building at 9707 4th Avenue. This very comfortable unit features huge living room, beautiful hardwood floors, with a dinning room area, and lots of closet space and natural light. This unit has the ability to be converted into a Junior 4, by turning the additional living space/foyer space into a second bedroom. A suburban enclave in the heart of Brooklyn, your home at 9707 4th Avenue offers nearby charter and public schools, family friendly parks, next to the Shore Road promenade entrance, restaurants, lounges, pubs, and a wealth of gyms and spas for the health conscious. From local businesses to global chains, Bay Ridge has it all. Easy access to the R Train and B16, X23 & X27 bus routes makes for efficient commuting all around the city. To set up a viewing Contact 82 Realty Group Located at 9520 4th Avenue Brooklyn NY 11209

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