2652 Cropsey Ave APT 14E, Brooklyn, NY, 11214 | 8.78% Rental Yield

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2652 Cropsey Ave APT 14E, Brooklyn, NY, 11214 | 8.78% Rental Yield | 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

Total monthly income runs $2,333/mo, and a $1,561/mo payment. Purchase price stands at $319,000, and rental yield measures 8.78% with $2,333/mo rent. Return on cash invested shows 13.07% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 70.15% and total cumulative return in cash records $74,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,333/mo property income covering a $1,561/mo payment rather than investor’s personal income.

Condo

Built in 1967

N/A lot

$N/A/sqft

$806 monthly HOA

More details about the property

OWN YOUR OWN APARTMENT!! This is Ocean View Towers Coop complex located in Bath Beach. This Large 1-bedroom apartment is in a modern building. This apartment is approximately 800 sq.ft. Unit is in Move in condition. Multiple closets. Oversized terrace looking to the park and playground. Building has nighttime security on staff. Extra charges $40.00 A/C, $25.00 Dishwasher. There is a short waiting list for a parking spot. There is a laundry room, storage room, community room, children's playground. Public transportation is within a short distance from the building, this includes trains, local buses and express bus. Building is located directly across the street from a city playground, baseball fields and soccer fields. Building is located in a perfect location in Brooklyn. Building is well maintained. Superintendent and porters are on site. This is a must see! Your gas, water, electric and heat are all included in your maintenance. Flip tax paid by Seller.

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