APT 1A 2939th Ave, Brooklyn, NY, 11235 | $54/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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APT 1A 2939th Ave, Brooklyn, NY, 11235 | $54/mo Cash Flow | 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 APT 1A 2939th Ave, Brooklyn, NY, 11235 generates $1,489/mo in rent and, after a $1,052/mo payment, leaves $54/mo in cash flow. Total monthly income is $1,489/mo, and annual cash flow is $643/yr on $71,273 invested. Return on cash invested sits at 20.81% in year one, and rental yield is 8.31% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 108.35% and total cumulative return in cash sums $77,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,489/mo property income rather than buyer’s personal income.

Condo

Built in 1960

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2939 Avenue Y! This bright and spacious studio is perfect for both end-users and investors. Enjoy low monthly maintenance and the rare opportunity to rent from day one. The functional layout features a separate kitchen, ample closet space, and plenty of natural light. The home is move-in ready, making it ideal for first-time buyers or as a turnkey investment property. Located in a well-maintained building close to shopping, dining, and public transportation, this unit offers unbeatable convenience in a sought-after neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,528 (100%)
Owner Occupied HU	12,309 (34.6%)
Renter Occupied HU	21,027 (59.2%)
Vacant Housing Units	2,192 ( 6.2%)
Median Home Value	$818,168
Average Home Value	$852,087