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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brooklyn at 1119 Ocean Pkwy APT 1N, Brooklyn, NY, 11230 earns from $3,090/mo rent with a $2,442/mo payment. Total monthly income totals $3,090/mo. ROI tracks 18.15% on current figures, and rental yield reads 7.43% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 94.09% and total cumulative return in cash sums $155,646. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,090/mo property income instead of your personal income.
Condo
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11230, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,949 (100%) |
| Owner Occupied HU | 8,697 (28.1%) |
| Renter Occupied HU | 20,273 (65.5%) |
| Vacant Housing Units | 1,979 ( 6.4%) |
| Median Home Value | $998,288 |
| Average Home Value | $1,138,275 |
Residential
30,459
Single Family
8,234
Multi-Family
22,225
Businesses
1,883
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Tracey • Tracey Real Estate
Mls Name: BNYMLS
Mls ID: #495376
