260 Ocean Pkwy APT 4HBrooklynNY11218
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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 260 Ocean Pkwy APT 4H, Brooklyn, NY, 11218 listed at $417,000 pairs $4,843/mo rent with a $2,041/mo payment to leave $1,330/mo cash flow. Total monthly income runs $4,843/mo, and annual cash flow reaches $15,964/yr on $138,236 cash to close. Return on cash invested measures 31.46% in year one, and rental yield registers 13.94% at a $417,000 basis. Equity gained on principal adds $2,691/yr, and annual property appreciation at 5% supports $115,209 by year five. Five-year ROI tracks 167.72% and total cumulative return in cash totals $231,853. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,843/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1930
N/A lot
$N/A/sqft
$728 monthly 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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