9964 3rd Ave #A3, Brooklyn, NY, 11209 | 7.96% Rental Yield

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9964 3rd Ave #A3, Brooklyn, NY, 11209 | 7.96% Rental Yield | Ziffy

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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 9964 3rd Ave #A3, Brooklyn, NY, 11209 listed at $990,000 pairs $6,565/mo rent with a $4,846/mo payment. Total monthly income runs $6,565/mo. Return on cash invested measures 17.18% in year one, and rental yield registers 7.96% at a $990,000 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,519 by year five. Five-year ROI tracks 89.83% and total cumulative return in cash totals $292,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,565/mo property income relative to a $4,846/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2023

N/A lot

$N/A/sqft

$734 monthly HOA

More details about the property

Gorgeous brand new 2-bedroom, 2-bathroom Condo apartments are now for sale! All apartments have a high ceilings and feature a spacious and open floor plan, making the most of its available space. The large living room and two generously sized bedrooms with large windows are well-lit with ample natural light and offer plenty of room for furniture arrangement and plenty of closet space including walk-in. Both bathrooms are tastefully designed and come with modern fixtures, including a bathtub/shower combination in one and a walk-in shower in the other. The combination of kitchen/dining areas is fully equipped with state-of-the-art appliances, making meal preparation a breeze. The apartments are finished with high-quality materials, including hardwood flooring, quartz countertops, and contemporary cabinetry and offers modern and comfortable living with its great layout. Laundry room with tankless water heater and plenty of electrical outlets provide functionality and style. A huge terrace with incredible unobstructed views of the Verrazano bridge and ocean adds sophistication and charm to these apartments. This brand new construction building is ideally situated in a desirable neighborhood, offering easy access to shopping centers, restaurants, schools, Belt Parkway highway exit and public transportation. Parking space available for additional $99K. For all showing appointments please call listing broker ==347X863X4623

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