362 15th St APT 4M, Brooklyn, NY, 11215 | 6.18% Rental Yield

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362 15th St APT 4M, Brooklyn, NY, 11215 | 6.18% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Brooklyn at 362 15th St APT 4M, Brooklyn, NY, 11215 listed at $750,000 pairs $3,862/mo rent with a $3,671/mo payment. Total monthly income runs $3,862/mo. Return on cash invested measures 14.48% in year one, and rental yield registers 6.18% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 74.37% and total cumulative return in cash totals $183,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,862/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1910

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home 362 15th Street, 4M - a sun filled top floor one bedroom, one bath condominium in the heart of Park Slope. Perched above it all, this residence includes a 430sf private roof deck with sweeping, unobstructed views of the Manhattan skyline. Upon entering, you are greeted by two oversized windows that bathe the open concept living and dining area in natural light. The thoughtfully renovated kitchen is outfitted with high-end appliances, including a full-size Liebherr refrigerator, Viking stove, Miele concealed dishwasher, and a fully vented Gaggenau range hood. The home has been designed with comfort and convenience in mind. Features include a motorized skylight, heated floors in the bathroom, HDMI and speaker wiring in both the living room and bedroom, a LUNOS fresh air ventilation system. Additional upgrades such as acoustical insulation in the party walls ensure peace and privacy. Located two blocks from Prospect Park, this home offers easy access to the F and G subway lines at 15th Street, as well as nearby bus routes. Park Slope's acclaimed cafes, neighborhood shops, and dining destinations are right at your doorstep. This self managed cat-friendly building boasts incredibly low common charges, which include heat and hot water. Contact us today for a private viewing!

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