2950 Ocean Ave APT A14BrooklynNY11235
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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 2950 Ocean Ave APT A14, Brooklyn, NY, 11235 earns from $1,849/mo rent with a $1,312/mo payment. Total monthly income totals $1,849/mo. ROI tracks 9.44% on current figures, and rental yield reads 8.28% at a $268,000 purchase. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 over five years. Five-year ROI reaches 51.5% and total cumulative return in cash sums $45,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,849/mo property income instead of your personal income.
Condo
Built in 1930
N/A lot
$N/A/sqft
$834 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
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