244 Franklin Ave #3B, Brooklyn, NY, 11205 | 6.59% Rental Yield

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244 Franklin Ave #3B, Brooklyn, NY, 11205 | 6.59% 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 244 Franklin Ave #3B, Brooklyn, NY, 11205 earns from $4,111/mo rent with a $3,666/mo payment. Total monthly income totals $4,111/mo. ROI tracks 15.72% on current figures, and rental yield reads 6.59% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 81.01% and total cumulative return in cash sums $199,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,111/mo property income instead of your personal income.

Condo

Built in 2015

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Unit 3B at 244 Franklin Avenue a sun-drenched, move-in-ready 1-bedroom, 1-bathroom condo in a boutique elevator building in the heart of Clinton Hill. Recently renovated and exceptionally well maintained, this home offers clean modern finishes, thoughtfully designed layout, and comfort-focused upgrades throughout. The open-concept kitchen features a center island, stainless steel appliances, dishwasher, and abundant cabinetry, perfect for cooking and entertaining. LED lighting throughout the home complements the oversized windows, creating a warm and inviting atmosphere at any time of day. A private balcony extends your living space outdoors, ideal for morning coffee or winding down at sunset. Additional highlights include in-unit washer and dryer, split-system heating and cooling, and sleek hardwood flooring. 244 Franklin Avenue is a well-kept, quiet, elevator building located in one of Brooklyns most charming and vibrant neighborhoods. Clinton Hill blends historic brownstone-lined streets with a thriving local scene. You'll be minutes from Fort Greene Park, Pratt Institute, and surrounded by a rich mix of cafs, restaurants, and cultural landmarks. Local favorites like Speedy Romeo, Choice Market, Black Swan, The Finch, and Aita are all within easy walking distance. Nearby boutiques, weekend farmers markets, and art spaces offer endless neighborhood appeal. The G train at Classon Avenue is just a short stroll away, connecting you easily to the rest of Brooklyn and beyond. This is Brooklyn living at its best a quiet, modern retreat right in the middle of it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11205, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,161 (100%)
Owner Occupied HU	4,550 (21.5%)
Renter Occupied HU	14,892 (70.4%)
Vacant Housing Units	1,719 ( 8.1%)
Median Home Value	$988,883
Average Home Value	$1,198,598