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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 1440 Forest Hill Rd UNIT 2, Staten Island, NY, 10314 listed at $560,000 pairs $3,120/mo rent with a $2,741/mo payment. Total monthly income runs $3,120/mo. Return on cash invested measures 16.02% in year one, and rental yield registers 6.69% at a $560,000 basis. Equity gained on principal adds $3,614/yr, and annual property appreciation at 5% supports $154,718 by year five. Five-year ROI tracks 82.63% and total cumulative return in cash totals $152,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $2,741/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1983
1,306 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 |
|---|---|---|
| 2024-09-10 | Listed for sale | $560,000 |
| 2022-09-09 | Sold | $470,000 |
| 2022-06-25 | Pending sale | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $28,332 | 12.16% |
| 2022-09-15 | N/A | N/A | $25,260 | 13.10% |
| 2021-09-15 | N/A | N/A | $22,334 | 3.65% |
Listed by: Christopher Burdzy • Leader Properties Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2405122
Disclaimer: Certain real estate listing data is provided by Staten Island MLS under its Internet Data Exchange program. This data is provided exclusively for consumers personal, non-commercial use and may only be used for identifying prospective properties consumers may be interested in purchasing or renting. Any other use of the data is hereby prohibited. Data deemed reliable but is not guaranteed accurate by Staten Island MLS and should be independently verified. Copyright 2024 Staten Island Multiple Listing Service, Inc. All rights reserved.
