1000 Clove Rd APT LLC, Staten Island, NY, 10301 | $152/mo Cash Flow

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1000 Clove Rd APT LLC, Staten Island, NY, 10301 | $152/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

Investment property for sale in Staten Island at 1000 Clove Rd APT LLC, Staten Island, NY, 10301 uses $49,394 cash to close to unlock $1,827/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,147/mo, and a $729/mo payment keeps the spread at $152/mo. Purchase price stands at $149,000, and rental yield measures 9.24% with $1,147/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 123.4% and total cumulative return in cash records $60,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,147/mo property income covering a $729/mo payment rather than investor’s personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Fountains - one of Staten Island's most sought-after co-op communities. This well-located complex offers convenient access to major highways and public transportation, making commuting and daily errands a breeze. Step inside this spacious lower-level two-bedroom unit featuring a full bathroom, living room, dining area, and kitchena layout that provides comfort and functionality. While the apartment requires a full renovation, it presents a rare opportunity for the right buyer to design and create their ideal home from the ground up. Think of it as a blank canvas waiting for your personal touch and vision. Offered at an attractive price to reflect the work needed, this unit is perfect for those seeking value and potential in a prime Staten Island location.

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