8735 Bay Pkwy #C32, Brooklyn, NY, 11214 | 6.9% Rental Yield

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8735 Bay Pkwy #C32, Brooklyn, NY, 11214 | 6.9% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Brooklyn at 8735 Bay Pkwy #C32, Brooklyn, NY, 11214 listed at $355,000 pairs $2,040/mo rent with a $1,738/mo payment. Total monthly income runs $2,040/mo. Return on cash invested measures 16.53% in year one, and rental yield registers 6.9% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 85.37% and total cumulative return in cash totals $100,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning Third Floor Unit is an oasis for max privacy. King Sized Bedroom Separated for Max Privacy Custom doors to close all rooms Separate Entrance through the Eat In Kitchen featuring Chef stove and Microwave custom Gray Cabinets Lots of Cabinets and Quartz marble finish countertops All Newly Redone less than Two Years Ago. Large Closets Each Bedroom (5 closets) Custom Cherry Wood Hardwood Floors Oversized Living area enough for 6 people dining table Original Hardwood floors Elevator Laundry Building UNOBSTRUCTED VIEWS in Bedroom for max privacy Onsite Super and Management Near Shopping Transportation Boardwalk Park Dyker Beach Park Franchise Stores Ceasars Bay Shopping Center Best Buy Five Below BJs Bobs Furniture Target TD Bank Chase Bank Wendys Kohls Olive Garden Five Guy's D & M line Bay Parkway. Won't Last! PLEASE NOTE ALL SHOWINGS INCLUDING OPEN HOUSE BY APPOINTMENT ONLY PLEASE DO NOT SHOW UP TO LOCATION WITH OUT AN APPOINTMENT APPRECIATE.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,434 (100%)
Owner Occupied HU	10,119 (28.6%)
Renter Occupied HU	23,064 (65.1%)
Vacant Housing Units	2,251 ( 6.4%)
Median Home Value	$988,547
Average Home Value	$1,082,264