385 Adelphi St UNIT A, Brooklyn, NY, 11238 | 4.55% Rental Yield

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385 Adelphi St UNIT A, Brooklyn, NY, 11238 | 4.55% Rental Yield | 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 385 Adelphi St UNIT A, Brooklyn, NY, 11238 priced at $1,425,000 pairs $5,400/mo rent with after a $6,975/mo payment. Total monthly income equals $5,400/mo. Return on cash invested is 8.11% in year one, and rental yield stands at 4.55% on a $1,425,000 basis. Equity gained on principal adds $9,195/yr, and 5% annual appreciation accumulates to $393,701 by year five. Five-year ROI measures 40.7% and total cumulative return in cash reaches $187,928. For financing, Ziffy Mortgage’s DSCR program evaluates $5,400/mo property income against a $6,975/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in N/A

N/A lot

$N/A/sqft

$600 monthly HOA

More details about the property

387 Adelphi Street, A Dwell Vibes in Fort Greene This spacious 1st floor home was recently reimagined by the design house of OFFICE ONTIC. This thoughtfully renovated three bedroom home features custom millwork featuring birch plywood throughout, including the bathrooms and custom built in furniture. String floor shelving from Design Within Reach complete the living room, perfect for displaying a curated library. Throughout the space find frameless pocket, sliding, and swing doors to maximize the square footage and complete the tidy appearance. The centerpiece of the space is the chefs kitchen complete with a suite of stainless appliances including Fisher & Paykel built-in refrigerator, Basuch dishwasher and , a Fulgor Milano oven. Step out onto the massive outdoor garden that is directly accessible and shared with the building. Its lush and private and well located off the main space for great indoor // outdoor living in the warmer months. This prime Fort Greene location provides you with access to the finest in Brooklyn shopping, dining, arts and culture including nearby Fort Greene Park, BAM and Barclay's Center. Convenient to all transportation, just three blocks to the C train at Lafayette Avenue and within walking distance to B,D,N,Q,2,3,4,5 at Atlantic Terminal and the LIRR at Flatbush. Cats allowed. Sadly, no dogs. NEARBY DEEDED PARKING AVAILABLE FOR $125K PARKING ADDRESS: 270 GREENE AVE $33.31 maintenance $76.66 taxes

Neighborhood Data

Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,474 (100%)
Owner Occupied HU	6,812 (23.1%)
Renter Occupied HU	20,449 (69.4%)
Vacant Housing Units	2,213 ( 7.5%)
Median Home Value	$1,403,531
Average Home Value	$1,446,411