








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 1170 Ocean Pkwy APT 6-A, Brooklyn, NY, 11230 listed at $179,999 pairs $1,408/mo rent with a $881/mo payment to leave $206/mo cash flow. Total monthly income runs $1,408/mo, and annual cash flow reaches $2,472/yr on $59,670 cash to close. Return on cash invested measures 24.05% in year one, and rental yield registers 9.39% at a $179,999 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,730 by year five. Five-year ROI tracks 125.68% and total cumulative return in cash totals $74,992. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,408/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
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: Daniel Benzaken • Compass
Mls Name: StreetEasy
Mls ID: #S1803823