242 Baltic St APT 12, Brooklyn, NY, 11201 | $2,413/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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242 Baltic St APT 12, Brooklyn, NY, 11201 | $2,413/mo Cash Flow | 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

Rental property for sale in Brooklyn at 242 Baltic St APT 12, Brooklyn, NY, 11201 generates $9,090/mo in rent and, after a $4,894/mo payment, leaves $2,413/mo in cash flow. Total monthly income is $9,090/mo, and annual cash flow is $28,952/yr on $328,997 invested. Return on cash invested sits at 28.86% in year one, and rental yield is 10.91% on a $999,990 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,279 over five years. Five-year ROI reaches 151.45% and total cumulative return in cash sums $498,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,090/mo property income rather than buyer’s personal income.

Condo

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming 1-Bedroom with Private Garden in Historic Cobble Hill Nestled on a picturesque tree-lined street in the heart of Cobble Hill, this beautifully appointed 1-bedroom apartment offers a peaceful retreat in one of Brooklyns most desirable neighborhoods. Featuring soaring cathedral ceilings, the home includes a formal living room with a decorative fireplace, a separate dining room, an updated kitchen and bath, and a stunning private south-facing gardenideal for relaxing or entertaining. This immaculate residence blends modern updates with pre-war charm and is located within a well-maintained 1920s co-op building. The building offers amenities such as private storage, a bike room with interior and exterior access, and both in-unit and shared laundry facilities. Enjoy the vibrant Cobble Hill lifestyle with easy access to Cobble Hill Park, Brooklyn Bridge Park, artisanal cafes, acclaimed restaurants, and boutique shops. The neighborhood is known for its well-preserved 19th-century brownstones, charming architecture, and proximity to the waterfront. Convenient public transportation and nearby Brooklyn neighborhoods make commuting a breeze. Dont miss the opportunity to own this serene oasis in a truly special communityit wont last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	38,878 (100%)
Owner Occupied HU	10,690 (27.5%)
Renter Occupied HU	23,599 (60.7%)
Vacant Housing Units	4,589 (11.8%)
Median Home Value	$1,369,636
Average Home Value	$1,410,575