157 Cannon AveStaten IslandNY10314
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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 157 Cannon Ave, Staten Island, NY, 10314 priced at $830,000 converts $6,264/mo rent into $722/mo cash flow after a $4,062/mo obligation. Total monthly income equals $6,264/mo, and annual cash flow totals $8,662/yr on $273,070 invested. Return on cash invested prints 23.23% in year one, and rental yield reads 9.06% against a $830,000 entry. Equity gained on principal adds $5,356/yr, while 5% annual appreciation compiles into $229,314 by year five. Five-year ROI reaches 121.27% and total cumulative return in cash sums $331,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,264/mo property income covering a $4,062/mo payment, not borrower’s personal income.
Single Family
Built in 2004
3,873 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 10314, Staten Island, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
26,882
Single Family
24,403
Multi-Family
2,479
Businesses
1,761
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Price change | $830,000 |
| 2024-06-03 | Listed for sale | $888,888 |
| 2017-10-16 | Sold | $620,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $53,400 | 8.40% |
| 2022-09-15 | N/A | N/A | $49,260 | 16.79% |
| 2021-09-15 | N/A | N/A | $42,180 | 11.41% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2004
- Architectural Style: Other
- Building Area: 2,280
- Living Area: 2,280 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air, Fireplace(s)
- Cooling: Central Air
- Flooring: Hardwood, Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Private Drive, 1 Space, 2 Spaces
Location
- City: Staten Island
- State: NY
- Subdivision: Staten Island
- Lot Size: 3,873 sqft
- Lot Features: Back Yard, Front Yard
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Chao (C.C.) Wang • Momentum Real Estate LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #483562
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.