124 Van Cortlandt AveStaten IslandNY10301
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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 124 Van Cortlandt Ave, Staten Island, NY, 10301 priced at $828,000 converts $3,475/mo rent into after a $4,053/mo obligation. Total monthly income equals $3,475/mo. Return on cash invested prints 11.01% in year one, and rental yield reads 5.04% against a $828,000 entry. Equity gained on principal adds $5,343/yr, while 5% annual appreciation compiles into $228,761 by year five. Five-year ROI reaches 55.74% and total cumulative return in cash sums $151,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,475/mo property income covering a $4,053/mo payment, not borrower’s personal income.
Multi Family
Built in 1967
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10301, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,622 (38.3%) |
| Renter Occupied HU | 9,278 (53.7%) |
| Vacant Housing Units | 1,390 ( 8.0%) |
| Median Home Value | $726,482 |
| Average Home Value | $771,820 |
Housing Distribution
Address Breakdown
Residential
14,455
Single Family
8,775
Multi-Family
5,680
Businesses
926
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Listed by: Lee Goldstein • Hometime Estates of Brooklyn L
Mls Name: BNYMLS
Mls ID: #496389