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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Staten Island at 124 Riche Ave, Staten Island, NY, 10314 priced at $779,000 converts $4,195/mo rent into after a $3,813/mo obligation. Total monthly income equals $4,195/mo. Return on cash invested prints 15.34% in year one, and rental yield reads 6.46% against a $779,000 entry. Equity gained on principal adds $5,027/yr, while 5% annual appreciation compiles into $215,223 by year five. Five-year ROI reaches 78.98% and total cumulative return in cash sums $202,406. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,195/mo property income covering a $3,813/mo payment, not borrower’s personal income.
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10314, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,282 (100%) |
| Owner Occupied HU | 21,460 (62.6%) |
| Renter Occupied HU | 10,769 (31.4%) |
| Vacant Housing Units | 2,053 ( 6.0%) |
| Median Home Value | $710,048 |
| Average Home Value | $738,671 |
Residential
26,882
Single Family
24,403
Multi-Family
2,479
Businesses
1,761
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Konstantin Tsoukaris • RE/MAX Elite
Mls Name: SIBOR
Mls ID: #2505666
