16 Bay Ter APT 2FStaten IslandNY10306
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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
Investment property for sale in Staten Island at 16 Bay Ter APT 2F, Staten Island, NY, 10306 with 5% annual appreciation on a $238,888 basis while $1,654/mo rent supports operations. Total monthly income totals $1,654/mo and a $1,169/mo payment preserves $59/mo for cash returns. Annual cash flow comes to $708/yr on $79,191 deployed, and return on cash invested reaches 20.8% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,000 alongside rental yield of 8.31%. Five-year ROI measures 108.27% and total cumulative return in cash totals $85,741.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,654/mo property income versus a $1,169/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1978
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10306, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,923 (100%) |
| Owner Occupied HU | 13,942 (63.6%) |
| Renter Occupied HU | 6,761 (30.8%) |
| Vacant Housing Units | 1,220 ( 5.6%) |
| Median Home Value | $710,351 |
| Average Home Value | $735,738 |
Housing Distribution
Address Breakdown
Residential
19,057
Single Family
16,885
Multi-Family
2,172
Businesses
1,160
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Listed by: Ann Grande • Robert DeFalco Realty, Inc.
Mls Name: SIBOR
Mls ID: #2505095