55 Oceana Dr E #PENTHOUSE 3CBrooklynNY11235
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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 55 Oceana Dr E #PENTHOUSE 3C, Brooklyn, NY, 11235 with 5% annual appreciation on a $1,349,000 basis while $4,477/mo rent supports operations. 93% in year one. Equity gained on principal adds $8,705/yr, and five-year appreciation sums $372,704 alongside rental yield of 3.98%. Five-year ROI measures 39.16% and total cumulative return in cash totals $171,147. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,477/mo property income versus a $6,603/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2011
N/A lot
$N/A/sqft
No 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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