1046 Forest AveStaten IslandNY10310
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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 1046 Forest Ave, Staten Island, NY, 10310 generates $3,456/mo in rent, after a $4,155/mo payment. Total monthly income is $3,456/mo. Return on cash invested sits at 10.55% in year one, and rental yield is 4.88% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 53.27% and total cumulative return in cash sums $148,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,456/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10310, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,469 (100%) |
| Owner Occupied HU | 4,828 (51.0%) |
| Renter Occupied HU | 4,093 (43.2%) |
| Vacant Housing Units | 548 ( 5.8%) |
| Median Home Value | $668,866 |
| Average Home Value | $692,026 |
Housing Distribution
Address Breakdown
Residential
7,855
Single Family
6,596
Multi-Family
1,259
Businesses
635
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Listed by: Marion Alameda • Tom Crimmins Realty, Ltd.
Mls Name: SIBOR
Mls ID: #2600212