








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 2384 Ocean Ave APT 5B, Brooklyn, NY, 11229 earns from $3,692/mo rent with a $3,084/mo payment. Total monthly income totals $3,692/mo. ROI tracks 17.08% on current figures, and rental yield reads 7.03% at a $630,000 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 88.27% and total cumulative return in cash sums $182,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,692/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11229, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,898 (100%) |
| Owner Occupied HU | 13,087 (39.8%) |
| Renter Occupied HU | 17,854 (54.3%) |
| Vacant Housing Units | 1,957 ( 5.9%) |
| Median Home Value | $849,561 |
| Average Home Value | $904,894 |
Residential
28,358
Single Family
12,061
Multi-Family
16,297
Businesses
1,887
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: Andrey Kim • eXp Realty BKNY
Mls Name: BNYMLS
Mls ID: #494602