702 Kathleen Pl APT 6EBrooklynNY11235
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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 702 Kathleen Pl APT 6E, Brooklyn, NY, 11235 generates $3,241/mo in rent and, after a $1,884/mo payment, leaves $670/mo in cash flow. Total monthly income is $3,241/mo, and annual cash flow is $8,045/yr on $127,628 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 10.1% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 137.29% and total cumulative return in cash sums $175,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,241/mo property income rather than buyer’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Housing Distribution
Address Breakdown
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
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