100 Colfax Ave APT 6DStaten IslandNY10306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Staten Island at 100 Colfax Ave APT 6D, Staten Island, NY, 10306 uses $144,203 cash to close to unlock $5,583/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $3,370/mo, and a $2,129/mo payment keeps the spread at $465/mo. Purchase price stands at $435,000, and rental yield measures 9.3% with $3,370/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash records $179,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,370/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Apartment
Built in 1965
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10306, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,923 (100%) |
| Owner Occupied HU | 13,942 (63.6%) |
| Renter Occupied HU | 6,761 (30.8%) |
| Vacant Housing Units | 1,220 ( 5.6%) |
| Median Home Value | $710,351 |
| Average Home Value | $735,738 |
Housing Distribution
Address Breakdown
Residential
19,057
Single Family
16,885
Multi-Family
2,172
Businesses
1,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher C Romanelli • Re/Max Advisors
Mls Name: SIBOR
Mls ID: #2600242