10 Bay Street Landing #5BStaten IslandNY10301
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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 Staten Island at 10 Bay Street Landing #5B, Staten Island, NY, 10301 priced at $320,000 converts $1,800/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 16.1% in year one, and rental yield reads 6.75% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 83.09% and total cumulative return in cash sums $88,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10301, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,622 (38.3%) |
| Renter Occupied HU | 9,278 (53.7%) |
| Vacant Housing Units | 1,390 ( 8.0%) |
| Median Home Value | $726,482 |
| Average Home Value | $771,820 |
Housing Distribution
Address Breakdown
Residential
14,455
Single Family
8,775
Multi-Family
5,680
Businesses
926
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Listed by: Desiree Darden • R New York
Mls Name: OneKey MLS
Mls ID: #909964