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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 55 Oceana Dr E APT 8C, Brooklyn, NY, 11235 at $1,175,000 posts ROI 4.96% with from $3,924/mo rent. Total monthly income equals $3,924/mo. Return on cash invested measures 4.96% and rental yield reads 4.01% at the current $1,175,000. Equity gained on principal adds $7,582/yr, and 5% annual appreciation supports $324,631 by year five. Five-year ROI prints 24.35% and total cumulative return in cash totals $92,686. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,924/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
N/A lot
$N/A/sqft
$966 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $1,175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-30 | $10257.00 | N/A | $93,898 | 9.98% |
| 2023-03-30 | N/A | N/A | $85,378 | 3.83% |
| 2022-03-30 | N/A | N/A | $82,232 | 16.52% |
Listed by: Olena Bukhanov • Golden Real Corp.
Mls Name: StreetEasy
Mls ID: #S1762294
