108 Surfside PlzStaten IslandNY10307
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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 108 Surfside Plz, Staten Island, NY, 10307 priced at $310,000 converts $2,256/mo rent into $186/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,256/mo, and annual cash flow totals $2,234/yr on $102,765 invested. Return on cash invested prints 22.08% in year one, and rental yield reads 8.73% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 115.18% and total cumulative return in cash sums $118,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,256/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Condo
Built in 1987
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
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Listed by: Vito Conenna • Vito Conenna
Mls Name: SIBOR
Mls ID: #2504968