100 Ocean Pkwy APT 1DBrooklynNY11218
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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
Investment Highlights
Investment property for sale in Brooklyn at 100 Ocean Pkwy APT 1D, Brooklyn, NY, 11218 at $249,000 posts ROI 21.94% with $140/mo cash flow from $2,311/mo rent. Total monthly income equals $2,311/mo, and annual cash flow records $1,679/yr on $82,544 to close. Return on cash invested measures 21.94% and rental yield reads 11.14% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 117.07% and total cumulative return in cash totals $96,632.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,311/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1953
N/A lot
$N/A/sqft
$508 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,624 (100%) |
| Owner Occupied HU | 7,691 (27.8%) |
| Renter Occupied HU | 17,935 (64.9%) |
| Vacant Housing Units | 1,998 ( 7.2%) |
| Median Home Value | $1,054,643 |
| Average Home Value | $1,154,933 |
Housing Distribution
Address Breakdown
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
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