361 Clinton St APT 3EBrooklynNY11231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Brooklyn at 361 Clinton St APT 3E, Brooklyn, NY, 11231 offers $6,035/mo rent that, after a $8,688/mo payment. Total monthly income is $6,035/mo. Return on cash invested measures 7.34% in year one, and rental yield stands at 4.08% at a $1,775,000 entry. Equity gained on principal adds $11,454/yr while 5% annual appreciation compounds into $490,400 by year five. Five-year ROI records 36.33% and total cumulative return in cash reaches $208,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,035/mo property income versus a $8,688/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11231, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,446 (100%) |
| Owner Occupied HU | 4,101 (23.5%) |
| Renter Occupied HU | 12,031 (69.0%) |
| Vacant Housing Units | 1,314 ( 7.5%) |
| Median Home Value | $1,765,973 |
| Average Home Value | $1,624,888 |
Housing Distribution
Address Breakdown
Residential
15,312
Single Family
3,858
Multi-Family
11,454
Businesses
1,468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices