3752 Neptune Ave APT 1C, Brooklyn, NY, 11224 | $2,463/mo Cash Flow

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3752 Neptune Ave APT 1C, Brooklyn, NY, 11224 | $2,463/mo Cash Flow | Ziffy

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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 3752 Neptune Ave APT 1C, Brooklyn, NY, 11224 offers $7,819/mo rent that, after a $3,911/mo payment, leaves $2,463/mo cash flow. Total monthly income is $7,819/mo, and annual cash flow is $29,557/yr on $262,871 cash. Return on cash invested measures 31.3% in year one, and rental yield stands at 11.74% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 164.61% and total cumulative return in cash reaches $432,702. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,819/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 2006

N/A lot

$N/A/sqft

$20 monthly HOA

More details about the property

Welcome to 3752 Neptune Avenue, Unit 1C in the heart of Brooklyn, NY! This stunning residence offers a perfect blend of comfort and luxury. Step into this 3-bedroom, 3 bathroom duplex home spanning 1600 square feet. Upon entering, you'll be greeted by gleaming hardwood floors that lead you to a bright and spacious living area. The modern kitchen is equipped with stainless steel appliances, a dishwasher, and ample storage space. The primary bedroom boasts a walk-in closet and an en-suite bathroom for added privacy. One of the highlights of this home is the private oversized yard, which is perfect for enjoying the breathtaking garden views and deck for entertaining guests. For your convenience, a washer and dryer are included in the unit. BEST OF ALL NO monthly common charges! The 2-car driveway makes this home feel like you are living in a townhome! This low-rise residence is part of a gated community with guest parking and a private beach, providing a serene and secure environment. Central AC ensures year-round comfort. Don't miss the opportunity to make this exceptional property your own. Experience the best of Brooklyn living in this meticulously crafted home. Schedule a viewing today and make 3752 Neptune Avenue, Unit 1C your new address!ur new address!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11224, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,119 (100%)
Owner Occupied HU	5,815 (25.2%)
Renter Occupied HU	15,544 (67.2%)
Vacant Housing Units	1,760 ( 7.6%)
Median Home Value	$574,176
Average Home Value	$741,108