100 Ocean Pkwy APT 4BBrooklynNY11218
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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 4B, Brooklyn, NY, 11218 listed at $750,000 pairs $6,082/mo rent with a $3,671/mo payment to leave $1,074/mo cash flow. Total monthly income runs $6,082/mo, and annual cash flow reaches $12,882/yr on $246,750 cash to close. Return on cash invested measures 25.28% in year one, and rental yield registers 9.73% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 132.26% and total cumulative return in cash totals $326,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,082/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1935
N/A lot
$N/A/sqft
No 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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Listed by: Albee Lei • Re/Max Edge
Mls Name: SIBOR
Mls Provider:
Mls ID: #2404410
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