








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Staten Island at 1160 Richmond Rd APT 2I, Staten Island, NY, 10304 offers a 12.08% rental yield on a $355,000 purchase with $3,575/mo rent. Total monthly income registers $3,575/mo, and a $1,738/mo payment leaves $1,204/mo available for distribution. Annual cash flow reaches $14,447/yr on $117,683 to close, and return on cash invested stands at 32.19% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 169.31% and total cumulative return in cash at $199,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,575/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10304, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 7,309 (42.5%) |
| Renter Occupied HU | 8,780 (51.1%) |
| Vacant Housing Units | 1,104 ( 6.4%) |
| Median Home Value | $707,930 |
| Average Home Value | $824,191 |
Residential
14,695
Single Family
10,452
Multi-Family
4,243
Businesses
749
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Price change | $355,000 |
| 2024-09-30 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-01-12 | N/A | N/A | N/A | N/A |
| 2019-01-12 | N/A | N/A | N/A | N/A |
| 2018-01-12 | $297759.34 | N/A | $2,997,000 | 9.16% |



Listed by: Raymond Ebro • Robert DeFalco Realty, Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2405488
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