10 Bay Street Lndg APT 2LStaten 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 Lndg APT 2L, Staten Island, NY, 10301 priced at $329,000 pairs $2,306/mo rent with $109/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,306/mo, and annual cash flow comes to $1,311/yr on $109,064 invested. Return on cash invested is 21.11% in year one, and rental yield stands at 8.41% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 109.96% and total cumulative return in cash reaches $119,925. For financing, Ziffy Mortgage’s DSCR program evaluates $2,306/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1983
871.20 sqft 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: Patricia Pannell • Hometime Estates LLC
Mls Name: SIBOR
Mls ID: #2507114