19 Plaza 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 19 Plaza Street, Brooklyn, CT, 06234 uses $87,848 cash to close to unlock $6,570/yr annual cash flow and $548/mo monthly cash flow. Total monthly income runs $2,348/mo, and a $1,297/mo payment keeps the spread at $548/mo. Purchase price stands at $265,000, and rental yield measures 10.63% with $2,348/mo rent. Return on cash invested shows 27.39% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 143.75% and total cumulative return in cash records $126,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,348/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.41 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: Paula J. Turley • CR Premier Properties
Mls Name: Smart MLS
Mls ID: #24150694