6801 Shore Rd APT 1L, Brooklyn, NY, 11220 | $38/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

6801 Shore Rd APT 1L, Brooklyn, NY, 11220 | $38/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1232 sft

61 Trinity Ln, Woodbridge, NJ, 07095

2 Bed
2 Bath
1300 sft

603 Green Hollow Dr, Iselin, NJ, 08830

2 Bed
2 Bath
1668 sft

4903 Hana Rd, Edison, NJ, 08817

3 Bed
1 Bath
908 sft

289 Hall Ave, Perth Amboy, NJ, 08861

Nearby investment properties with comparable prices

2 Bed
2 Bath
- sft

207 Sierra Ct, Woodbridge, NJ, 07095

2 Bed
1 Bath
1021 sft

143 Lexington Court, Red Bank, NJ, 07701

2 Bed
2 Bath
- sft

207A Sierra Ct UNIT 207, Woodbridge, NJ, 07095

2 Bed
2 Bath
- sft

323 Gill Ln BLDG 9 #C, Iselin, NJ, 08830

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

Investment property for sale in Brooklyn at 6801 Shore Rd APT 1L, Brooklyn, NY, 11220 listed at $345,000 pairs $2,960/mo rent with a $1,689/mo payment to leave $38/mo cash flow. Total monthly income runs $2,960/mo, and annual cash flow reaches $453/yr on $114,368 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 10.3% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 107.97% and total cumulative return in cash totals $123,484. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,960/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1952

N/A lot

$N/A/sqft

$618 monthly HOA

More details about the property

Welcome to your new home at 6801 Shore Road in Bay Ridge! Situated on the first floor, this apartment has been meticulously updated to offer a fresh and inviting atmosphere. Step inside to discover newly painted walls and beautifully refinished floors that enhance the clean, bright ambiance. The kitchen boasts a smart layout with a cutaway counter, perfect for engaging with guests while cooking or serving. Ample closet space throughout the apartment ensures everything remains tidy and organized. This ground-floor unit is especially appealing for pet owners, offering easy access for walks in nearby parks. Though garage parking is subject to a waiting list, the apartment's location is unbeatable. Youre just a block away from excellent transportation options including the express bus, subway, and NYC ferryideal for those working in or near Industry City. Additionally, the vibrant Bay Ridge restaurant scene adds to the allure of the neighborhood. Experience the unique charm of living where the Hudson meets the Atlantic, offering a magical waterfront experience right at your doorstep. This apartment is ideally suited for end-users, emphasizing a commitment to preserving the tight-knit community spirit of Bay Ridge. Your maintenance fee includes taxes, salaries for the super and porter, heat, hot water, cooking gas, and electricity, ensuring a hassle-free living experience. If you're seeking a practical yet cozy residence in an authentic and vibrant neighborhood, this Bay Ridge apartment might just be your perfect match.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,465 (100%)
Owner Occupied HU	6,364 (19.6%)
Renter Occupied HU	24,149 (74.4%)
Vacant Housing Units	1,952 ( 6.0%)
Median Home Value	$1,106,071
Average Home Value	$1,109,570