7 River Walk Drive #7BrooklynCT06234
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 7 River Walk Drive #7, Brooklyn, CT, 06234 in Brooklyn. Priced at $285,000, it generates $2,728/mo in gross rent and $541/mo in net monthly cash flow, a 11.48% yield that comfortably supports the 2.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,494. Five-year appreciation: $78,740. Equity from principal paydown: $2,625/yr. Total projected cumulative return: $159,743.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.0% |
| Monthly Cash Flow | $541 | $1,200 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,728 |
| Total Monthly Debt Service | $1,823 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06234, Brooklyn, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,340 (100%) |
| Owner Occupied HU | 2,456 (73.5%) |
| Renter Occupied HU | 741 (22.2%) |
| Vacant Housing Units | 143 ( 4.3%) |
| Median Home Value | $369,510 |
| Average Home Value | $434,897 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,056
Multi-Family
110
Businesses
143
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
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06234, Brooklyn, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,340 (100%) |
| Owner Occupied HU | 2,456 (73.5%) |
| Renter Occupied HU | 741 (22.2%) |
| Vacant Housing Units | 143 ( 4.3%) |
| Median Home Value | $369,510 |
| Average Home Value | $434,897 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,056
Multi-Family
110
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lyn Lacharite • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls ID: #24153348