








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Brooklyn at 444 Neptune Ave APT 3O, Brooklyn, NY, 11224 offers a 8.51% rental yield on a $279,000 purchase with $1,979/mo rent. Total monthly income registers $1,979/mo, and a $1,366/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,385/yr on $92,489 to close, and return on cash invested stands at 21.41% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 111.54% and total cumulative return in cash at $103,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,979/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11224, Brooklyn, NY area.
| 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 |
Residential
20,351
Single Family
2,595
Multi-Family
17,756
Businesses
764
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Richard Nichilo • Madison Estates Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1786812