686 Carroll St #4BrooklynNY11215
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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 686 Carroll St #4, Brooklyn, NY, 11215 priced at $755,400 converts $9,788/mo rent into $4,385/mo cash flow after a $3,697/mo obligation. Total monthly income equals $9,788/mo, and annual cash flow totals $52,618/yr on $248,527 invested. Return on cash invested prints 41.23% in year one, and rental yield reads 15.55% against a $755,400 entry. Equity gained on principal adds $4,874/yr, while 5% annual appreciation compiles into $208,703 by year five. Five-year ROI reaches 218.42% and total cumulative return in cash sums $542,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,788/mo property income covering a $3,697/mo payment, not borrower’s personal income.
Condo
Built in 2022
2,308 sqft lot
$N/A/sqft
$359 monthly 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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