322 6th St APT 2BrooklynNY11215
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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 322 6th St APT 2, Brooklyn, NY, 11215 uses $205,625 cash to close to unlock $4,157/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $4,520/mo, and a $3,059/mo payment keeps the spread at $346/mo. Purchase price stands at $625,000, and rental yield measures 8.68% with $4,520/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 115.11% and total cumulative return in cash records $236,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,520/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
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