6665 Colonial Rd APT 2GBrooklynNY11220
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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
Rental property for sale in Brooklyn at 6665 Colonial Rd APT 2G, Brooklyn, NY, 11220 generates $3,870/mo in rent and, after a $2,442/mo payment, leaves $538/mo in cash flow. Total monthly income is $3,870/mo, and annual cash flow is $6,457/yr on $165,419 invested. Return on cash invested sits at 23.81% in year one, and rental yield is 9.31% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 124.44% and total cumulative return in cash sums $205,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,870/mo property income rather than buyer’s personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Housing Distribution
Address Breakdown
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
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