8800 Bay Pkwy #5DBrooklynNY11214
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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 #5D, Brooklyn, NY, 11214 with 5% annual appreciation on a $529,980 basis while $3,932/mo rent supports operations. Total monthly income totals $3,932/mo and a $2,594/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,278/yr on $174,363 deployed, and return on cash invested reaches 21.37% in year one. Equity gained on principal adds $3,420/yr, and five-year appreciation sums $146,424 alongside rental yield of 8.9%. Five-year ROI measures 111.77% and total cumulative return in cash totals $194,892.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,932/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A lot
$N/A/sqft
$203 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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