100 Colfax Ave APT 6H, Staten Island, NY, 10306 | $469/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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100 Colfax Ave APT 6H, Staten Island, NY, 10306 | $469/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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 Staten Island at 100 Colfax Ave APT 6H, Staten Island, NY, 10306 offers $2,926/mo rent that, after a $1,801/mo payment, leaves $469/mo cash flow. Total monthly income is $2,926/mo, and annual cash flow is $5,625/yr on $121,992 cash. Return on cash invested measures 24.52% in year one, and rental yield stands at 9.54% at a $368,000 entry. Equity gained on principal adds $2,375/yr while 5% annual appreciation compounds into $101,672 by year five. Five-year ROI records 128.2% and total cumulative return in cash reaches $156,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,926/mo property income versus a $1,801/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Apartment

Built in 1963

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Newly renovated 2 bedroom, 1 bathroom condo nestled in the heart of Grant City, Staten Island. Featuring new modern kitchen with bright highhats. This comfortable unit offers an abundance of natural light and a peaceful living environment in a highly convenient location. The spacious living room features large windows and sleek hardwood floors, creating a bright and inviting atmosphere. The modern kitchen is equipped with stainless steel appliances, ample cabinetry, and a cozy dining area. The primary bedroom provides generous closet space, while the second bedroom can be used as a guest room, home office, or nursery. The bathroom has been tastefully updated with modern fixtures. Residents enjoy access to on-site laundry and a community room. Located just steps away from the train station and the bustling Hylan Boulevard shopping area, this condo is perfect for those seeking both comfort and convenience.

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