9801 Shore Rd APT 2B, Brooklyn, NY, 11209 | 4.39% Rental Yield

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9801 Shore Rd APT 2B, Brooklyn, NY, 11209 | 4.39% 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 9801 Shore Rd APT 2B, Brooklyn, NY, 11209 generates $2,558/mo in rent, after a $3,421/mo payment. Total monthly income is $2,558/mo. Return on cash invested sits at 1.85% in year one, and rental yield is 4.39% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 9.21% and total cumulative return in cash sums $21,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,558/mo property income rather than buyer’s personal income.

Condo

Built in 1957

N/A lot

$N/A/sqft

$1,381 monthly HOA

More details about the property

VIEWS! VIEWS! VIEWS! Stunning 2-bedroom waterfront apartment in a luxury doorman building on exclusive Shore Road. This beautifully renovated home features a brand-new kitchen with modern finishes and new bathroom, elegant flooring throughout, and a west-facing private terra cotta balconya perfect spot to unwind and enjoy breathtaking sunsets. The king-size primary bedroom offers glorious water views to wake up to every morning, along with plenty of closet space. Conveniently located near transportation to Manhattan and just steps from Bay Ridges best restaurants, parks, and waterfront paths, this is a rare opportunity for luxury living with unmatched views.

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