








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 3111 Ocean Pkwy APT 9C, Brooklyn, NY, 11235 offers a 3.27% rental yield on a $1,099,000 purchase with $2,996/mo rent. 49% in year one. Equity gained on principal adds $7,092/yr while 5% annual appreciation supports $303,633 over five years. Portfolio math shows five-year ROI at 6.2% and total cumulative return in cash at $22,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,996/mo property income against a $5,379/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$1,258 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $1,099,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $6734.00 | N/A | $60,356 | 2.94% |
| 2023-04-15 | N/A | N/A | $58,631 | 5.66% |
| 2022-04-15 | N/A | N/A | $55,490 | 27.20% |



Listed by: Svetlana Borovskiy • High Class Realty SB LLC
Mls Name: StreetEasy
Mls ID: #S1765337