65 Oceana Dr E APT 8DBrooklynNY11235
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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
Rental property for sale in Brooklyn at 65 Oceana Dr E APT 8D, Brooklyn, NY, 11235 priced at $1,899,000 pairs $8,962/mo rent with after a $9,295/mo payment. Total monthly income equals $8,962/mo. Return on cash invested is 10.86% in year one, and rental yield stands at 5.66% on a $1,899,000 basis. Equity gained on principal adds $12,254/yr, and 5% annual appreciation accumulates to $524,659 by year five. Five-year ROI measures 55.71% and total cumulative return in cash reaches $342,745. For financing, Ziffy Mortgage’s DSCR program evaluates $8,962/mo property income against a $9,295/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$1,155 monthly 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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