567 Ocean Ave #A705BrooklynNY11226
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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 567 Ocean Ave #A705, Brooklyn, NY, 11226 listed at $1,699,000 pairs $8,164/mo rent with a $8,316/mo payment. Total monthly income runs $8,164/mo. Return on cash invested measures 10.99% in year one, and rental yield registers 5.77% at a $1,699,000 basis. Equity gained on principal adds $10,963/yr, and annual property appreciation at 5% supports $469,402 by year five. Five-year ROI tracks 56.44% and total cumulative return in cash totals $310,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,164/mo property income relative to a $8,316/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
N/A lot
$N/A/sqft
$1,123 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11226, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,262 (100%) |
| Owner Occupied HU | 4,883 (11.3%) |
| Renter Occupied HU | 35,712 (82.5%) |
| Vacant Housing Units | 2,667 ( 6.2%) |
| Median Home Value | $890,722 |
| Average Home Value | $1,011,398 |
Housing Distribution
Address Breakdown
Residential
39,296
Single Family
5,001
Multi-Family
34,295
Businesses
1,788
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