264 6th Ave APT 1C, Brooklyn, NY, 11215 | 9.59% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

264 6th Ave APT 1C, Brooklyn, NY, 11215 | 9.59% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
5 Bath
- sft

17 Dunham Ave, Cranford, NJ, 07016

4 Bed
4 Bath
- sft

3 Doering Way, Cranford, NJ, 07016

4 Bed
2 Bath
1800 sft

27 Cranford Ter, Cranford, NJ, 07016

6 Bed
4 Bath
3124 sft

100 Herning Ave, Cranford, NJ, 07016

Nearby investment properties with comparable prices

3 Bed
2 Bath
655 sft

5418 3rd Ave APT 3D, Brooklyn, NY, 11220

4 Bed
2 Bath
- sft

764 Cleveland Ave (760-762), Elizabeth, NJ, 07208

6 Bed
2 Bath
- sft

640698 Worth Ave, Linden, NJ, 07036

3 Bed
2 Bath
- sft

38 W Roselle Ave, Roselle Park, NJ, 07204

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $4,795/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 9.59% with $4,795/mo rent. Return on cash invested shows 19.23% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 101.83% and total cumulative return in cash records $201,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,795/mo property income covering a $2,937/mo payment rather than investor’s personal income.

Condo

Built in 1921

N/A lot

$N/A/sqft

$925 monthly HOA

More details about the property

Here's a bright and sunny one-bedroom in the absolute heart of Park Slope! 1C is an elevated first-floor apartment, with oversized windows overlooking Garfield Place giving excellent light (benefiting from its corner location). The generous living/dining room has space for a full dining table, and the updated open kitchen allows for flexible layout options. The hallway (with large storage closet) leads to the renovated, windowed bathroom and the king-sized bedroom with ample closet space. This pet-friendly building has on-site building management and a live-in super. Theres a fully equipped card-operated laundry room, bike storage, plus storage cages (for rent). 264 6th Avenue is centrally located in Park Slope amongst the leafy tree-lined streets of brownstone Brooklyn and the many restaurants, boutiques, and services that line 5th and 7th Avenues, and only three blocks from wonderful Prospect Park. Transportation options include the 2/3, R, B/Q, F/G and buses on both 5th and 7th Avenues.

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