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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% |
Investment property for sale in Staten Island at 131 Cortelyou Ave #1, Staten Island, NY, 10308 earns $237/mo cash flow from $2,040/mo rent with a $1,322/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $2,838/yr on $89,505 capital. ROI tracks 23.08% on current figures, and rental yield reads 9.07% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 120.5% and total cumulative return in cash sums $107,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Condo
Built in 1963
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10308, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 8,184 (72.7%) |
| Renter Occupied HU | 2,494 (22.2%) |
| Vacant Housing Units | 573 ( 5.1%) |
| Median Home Value | $668,886 |
| Average Home Value | $692,392 |
Residential
8,899
Single Family
8,647
Multi-Family
252
Businesses
383
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: Anthony Patafio • Keller Williams Realty Staten Island
Mls Name: SIBOR
Mls ID: #2505175
