458 Neptune Ave APT 8TBrooklynNY11224
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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
Investment Highlights
Rental property for sale in Brooklyn at 458 Neptune Ave APT 8T, Brooklyn, NY, 11224 priced at $339,000 pairs $2,427/mo rent with after a $1,659/mo payment. Total monthly income equals $2,427/mo. Return on cash invested is 14.66% in year one, and rental yield stands at 8.59% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 77.89% and total cumulative return in cash reaches $87,532. For financing, Ziffy Mortgage’s DSCR program evaluates $2,427/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$655 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,351
Single Family
2,595
Multi-Family
17,756
Businesses
764
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