








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 81 Ocean Pkwy APT 1P, Brooklyn, NY, 11218 listed at $550,000 pairs $4,474/mo rent with a $2,692/mo payment to leave $69/mo cash flow. Total monthly income runs $4,474/mo, and annual cash flow reaches $830/yr on $180,950 cash to close. Return on cash invested measures 20.52% in year one, and rental yield registers 9.76% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 108.51% and total cumulative return in cash totals $196,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,474/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1938
N/A lot
$N/A/sqft
$732 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 |
|---|---|---|
| 2024-10-07 | Price change | $550,000 |
| 2024-09-19 | Price change | $575,000 |
| 2024-09-09 | Price change | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-04-05 | N/A | N/A | N/A | N/A |
| 2019-04-05 | N/A | N/A | N/A | N/A |
| 2018-04-05 | $286085.56 | N/A | $2,549,700 | 5.49% |



Listed by: Elizabeth Kohen • Garfield Realty
Mls Name: StreetEasy
Mls ID: #S1763905