12 South StreetBrooklynCT06234
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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 12 South Street, Brooklyn, CT, 06234 with 5% annual appreciation on a $469,900 basis while $3,355/mo rent supports operations. Total monthly income totals $3,355/mo and a $2,300/mo payment preserves $162/mo for cash returns. Annual cash flow comes to $1,946/yr on $155,772 deployed, and return on cash invested reaches 21.16% in year one. Equity gained on principal adds $3,032/yr, and five-year appreciation sums $129,825 alongside rental yield of 8.57%. Five-year ROI measures 110.35% and total cumulative return in cash totals $171,902.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,355/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06234, Brooklyn, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,340 (100%) |
| Owner Occupied HU | 2,456 (73.5%) |
| Renter Occupied HU | 741 (22.2%) |
| Vacant Housing Units | 143 ( 4.3%) |
| Median Home Value | $369,510 |
| Average Home Value | $434,897 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,056
Multi-Family
110
Businesses
143
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Listed by: Bill Heenan • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24102510