248 Bay 19th St #B, Brooklyn, NY, 11214 | $522/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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248 Bay 19th St #B, Brooklyn, NY, 11214 | $522/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

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 248 Bay 19th St #B, Brooklyn, NY, 11214 uses $122,655 cash to close to unlock $6,266/yr annual cash flow and $522/mo monthly cash flow. Total monthly income runs $2,993/mo, and a $1,811/mo payment keeps the spread at $522/mo. Purchase price stands at $369,999, and rental yield measures 9.71% with $2,993/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash records $160,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,993/mo property income covering a $1,811/mo payment rather than investor’s personal income.

Condo

Built in 1946

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 248 Bay 19th St #B, a beautifully maintained one-bedroom, one-bath residence offering exceptional value and comfort in the heart of Bath Beach. This bright and inviting second-floor home features a sun-filled living room, a well-proportioned bedroom, and a thoughtfully arranged floor plan that feels instantly livable. The interiors are in excellent condition, providing a turnkey opportunity for the next owner. A rare advantage in Brooklyn co-op living, the home includes its own in-unit washer/dryer, elevating convenience to a new level. Monthly maintenance of $546 includes heat, water, and sewer, adding to the homes overall ease and affordability. A refined blend of comfort, practicality, and location, this residence is a wonderful opportunity to own within a well-kept community near waterfront parks, shops, dining, and convenient transportation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,434 (100%)
Owner Occupied HU	10,119 (28.6%)
Renter Occupied HU	23,064 (65.1%)
Vacant Housing Units	2,251 ( 6.4%)
Median Home Value	$988,547
Average Home Value	$1,082,264