16 Mill RdStaten 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
Rental property for sale in Staten Island at 16 Mill Rd, Staten Island, NY, 10306 offers $3,678/mo rent that, after a $4,693/mo payment. Total monthly income is $3,678/mo. Return on cash invested measures 9.69% in year one, and rental yield stands at 4.6% at a $958,800 entry. Equity gained on principal adds $6,187/yr while 5% annual appreciation compounds into $264,899 by year five. Five-year ROI records 48.69% and total cumulative return in cash reaches $153,592. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,678/mo property income versus a $4,693/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1982
4,791 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: Joanne Casale • Berkshire Hathaway HomeService Cangiano Estates
Mls Name: SIBOR
Mls Provider:
Mls ID: #2500640
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