








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Brooklyn at 379 Ocean Pkwy APT 3C, Brooklyn, NY, 11218 priced at $599,000 pairs $3,304/mo rent with after a $2,932/mo payment. Total monthly income equals $3,304/mo. Return on cash invested is 14.18% in year one, and rental yield stands at 6.62% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 73.31% and total cumulative return in cash reaches $144,466. For financing, Ziffy Mortgage’s DSCR program evaluates $3,304/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
| 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 |
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Listed for sale | $599,000 |
| 2024-04-25 | Listing removed | $579,000 |
| 2024-03-05 | Price change | $579,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Irine Blyumin • Corcoran
Mls Name: StreetEasy
Mls ID: #S1751613