370 12th St APT 5, Brooklyn, NY, 11215 | 7.32% Rental Yield

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Price: $300K - 500K

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370 12th St APT 5, Brooklyn, NY, 11215 | 7.32% 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

Total monthly income runs $4,574/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 7.32% with $4,574/mo rent. Return on cash invested shows 17.95% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 92.94% and total cumulative return in cash records $229,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,574/mo property income covering a $3,671/mo payment rather than investor’s personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

This bright and airy 685-square-foot loft at 370 12th Street, Unit #5 combines modern comfort with classic Brooklyn character. Oversized windows fill the space with sunlight and frame open views of Downtown Brooklyn, while the high ceilings create a true sense of volume and openness. The home features new floors, a brand new AC system, and a modern kitchen outfitted with stainless steel appliances. A private terrace extends the living space outdoorsperfect for morning coffee or relaxing at sunset. Located in a modern midrise building with an intercom system, common roof deck and common storage. This residence offers a boutique living experience just moments from Prospect Park, neighborhood cafs, and all the charm of South Slope. Stylish, comfortable, and filled with natural light, Unit #5 captures everything people love about Brooklyn living.

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