300 Ocean Pkwy APT 1F, Brooklyn, NY, 11218 | $1,059/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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300 Ocean Pkwy APT 1F, Brooklyn, NY, 11218 | $1,059/mo Cash Flow | 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

Investment property for sale in Brooklyn at 300 Ocean Pkwy APT 1F, Brooklyn, NY, 11218 offers a 11.99% rental yield on a $319,500 purchase with $3,193/mo rent. Total monthly income registers $3,193/mo, and a $1,564/mo payment leaves $1,059/mo available for distribution. Annual cash flow reaches $12,711/yr on $105,914 to close, and return on cash invested stands at 31.91% in year one. Equity gained on principal adds $2,062/yr while 5% annual appreciation supports $88,272 over five years. Portfolio math shows five-year ROI at 167.87% and total cumulative return in cash at $177,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,193/mo property income against a $1,564/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1941

N/A lot

$N/A/sqft

No HOA

More details about the property

Fully Renovated & Move-In Ready Prime Kensington/Ditmas Park Welcome to Residence 1F at 300 Ocean Parkway a brand new renovation offering condo-style luxury at a co-op price! This thoughtfully redesigned former studio now features high ceilings, recessed lighting, and wide-plank hardwood floors. The kitchen is outfitted with high-end appliances and sleek finishes, perfect for modern living. Enjoy a turnkey home with low maintenance in a beautifully maintained pre-war elevator building. Amenities include a gym, bike storage, live-in super, and private storage. Located at the crossroads of Kensington and Ditmas Park, youre minutes from Prospect Park, the Q/F/G trains, express buses, and the iconic Ocean Parkway greenway perfect for biking, running, or a peaceful stroll. Dont miss this rare opportunity for stylish, move-in ready living in one of Brooklyns most charming neighborhoods. - Sublets Allowed - Pied-a-Terre Allowed - Co-Purchasing Allowed - Pets Allowed - Dogs Allowed Under 25 lbs - Financing: 80%

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