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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2909 Ocean Ave APT 6E, Brooklyn, NY, 11235 at $235,000 posts ROI 46.37% with $1,718/mo cash flow from $3,787/mo rent. Total monthly income equals $3,787/mo, and annual cash flow records $20,615/yr on $77,903 to close. Return on cash invested measures 46.37% and rental yield reads 19.34% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 248.19% and total cumulative return in cash totals $193,348.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,787/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
Date | Event | Price |
|---|---|---|
| 2023-10-21 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-08-13 | N/A | N/A | N/A | N/A |
| 2019-08-13 | N/A | N/A | N/A | N/A |
| 2018-08-13 | $179225.34 | N/A | $1,861,200 | 26.91% |
Listed by: Maryana Savkiv • Diamond Real Inc
Mls Name: BNYMLS
Mls Provider:
Mls ID: #477712
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
