1160 Richmond Rd APT 7BStaten IslandNY10304
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Nearby investment properties with comparable prices
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
Investment property for sale in Staten Island at 1160 Richmond Rd APT 7B, Staten Island, NY, 10304 listed at $349,900 pairs $2,373/mo rent with a $1,713/mo payment. Total monthly income runs $2,373/mo. Return on cash invested measures 13.32% in year one, and rental yield registers 8.14% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 70.71% and total cumulative return in cash totals $82,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,373/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
1,306 sqft lot
$N/A/sqft
$673 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10304, Staten Island, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
10,452
Multi-Family
4,243
Businesses
749
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Listed by: Lori Sinagra • Jason Mitchell Real Estate NY
Mls Name: SIBOR
Mls Provider:
Mls ID: #2504153
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