2121 Shore Pkwy APT 7M, Brooklyn, NY, 11214 | $66/mo Cash Flow

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2121 Shore Pkwy APT 7M, Brooklyn, NY, 11214 | $66/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

Investment property for sale in Brooklyn at 2121 Shore Pkwy APT 7M, Brooklyn, NY, 11214 offers a 8.25% rental yield on a $339,000 purchase with $2,330/mo rent. Total monthly income registers $2,330/mo, and a $1,659/mo payment leaves $66/mo available for distribution. Annual cash flow reaches $797/yr on $112,379 to close, and return on cash invested stands at 20.62% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 107.31% and total cumulative return in cash at $120,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,330/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Large and beautiful studio condominium, all new: kitchen cabinets, appliances, floors, doors, new tiled bathroom, closets, large balcony with beautiful view. Well maintained luxurious elevator building, low common charges, intercom security system, mail room, laundry facility, superintendent. Conveniently located by all public transportation, trains, buses, stores, schools, etc. Pet friendly building, this condominium is ideal to move into or purchase as investment property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,434 (100%)
Owner Occupied HU	10,119 (28.6%)
Renter Occupied HU	23,064 (65.1%)
Vacant Housing Units	2,251 ( 6.4%)
Median Home Value	$988,547
Average Home Value	$1,082,264