








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


Rental property for sale in Brooklyn at 458 Neptune Ave APT 4C, Brooklyn, NY, 11224 offers $5,695/mo rent that, after a $2,080/mo payment, leaves $1,786/mo cash flow. Total monthly income is $5,695/mo, and annual cash flow is $21,433/yr on $140,888 cash. Return on cash invested measures 35.12% in year one, and rental yield stands at 16.08% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 188.39% and total cumulative return in cash reaches $265,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,695/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,071 monthly 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 |
|---|---|---|
| 2024-07-17 | Listed for sale | $425,000 |
| 2024-06-02 | Listing removed | N/A |
| 2024-03-19 | Price change | $457,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-08-13 | $2094392.50 | N/A | $18,324,900 | 7.09% |
| 2017-08-13 | N/A | N/A | $17,112,150 | N/A |



Listed by: Thomas Lipovetsky - Licensed Real Estate Broker • Thomas Lipovetsky, LREB
Mls Name: StreetEasy
Mls ID: #1726668