8800 Bay Pkwy #2BBrooklynNY11214
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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 8800 Bay Pkwy #2B, Brooklyn, NY, 11214 earns from $2,400/mo rent with a $3,278/mo payment. Total monthly income totals $2,400/mo. ROI tracks 7.2% on current figures, and rental yield reads 4.3% at a $669,825 purchase. Equity gained on principal adds $4,322/yr, and 5% annual appreciation supports $185,060 over five years. Five-year ROI reaches 35.88% and total cumulative return in cash sums $79,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$289 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
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Listed by: Yaling (Linda) Lin • Ashford Homes LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #487973
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.