444 Neptune Ave APT 4F, Brooklyn, NY, 11224 | $191/mo Cash Flow

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444 Neptune Ave APT 4F, Brooklyn, NY, 11224 | $191/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

Investment property for sale in Brooklyn at 444 Neptune Ave APT 4F, Brooklyn, NY, 11224 listed at $359,000 pairs $2,588/mo rent with a $1,757/mo payment to leave $191/mo cash flow. Total monthly income runs $2,588/mo, and annual cash flow reaches $2,289/yr on $119,009 cash to close. Return on cash invested measures 21.83% in year one, and rental yield registers 8.65% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 113.8% and total cumulative return in cash totals $135,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,588/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1964

N/A lot

$N/A/sqft

No HOA

More details about the property

Trump Village Section 3. Beautifull, 2bdr 1 bath coop on the quiet side of the complex. Custom separate kitchen with window, room Master bedroom with walking closet. Custom floor to ceiling closets throughout. Maintenance includes all utilities. Assessment $72.15, ac $30/unit, pet$25. Sublet after 2 years. The complex features 24 hours security, outdoor playground and indoor playroom for kids, laundry, gym and recreation area are in the lobby. Steps from the beach, boardwalk, New York Aquarium, Luna Park, and shopping/dining on Surf Ave & Stillwell Ave Excellent school district (District 21), including PS 90, IS 303, Abraham Lincoln High School, and more Convenient transportation: B36, B64, B68 buses and B, F, N & Q subway lines nearby

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