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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% |
Rental property for sale in Staten Island at 16 Redwood Loop, Staten Island, NY, 10309 offers $3,191/mo rent that, after a $2,447/mo payment. Total monthly income is $3,191/mo. Return on cash invested measures 17.25% in year one, and rental yield stands at 7.66% at a $499,999 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 89.84% and total cumulative return in cash reaches $148,903. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,191/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
1,742 sqft lot
$N/A/sqft
$219 monthly HOA
Neighborhood data shown for ZIP Code: 10309, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,737 (100%) |
| Owner Occupied HU | 8,727 (68.5%) |
| Renter Occupied HU | 3,284 (25.8%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $782,533 |
| Average Home Value | $811,399 |
Residential
10,176
Single Family
10,168
Multi-Family
8
Businesses
935
Date | Event | Price |
|---|---|---|
| 2025-02-03 | Listed for sale | $499,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $27,310 | 12.35% |
| 2022-02-13 | N/A | N/A | $24,308 | 16.60% |
| 2021-02-13 | N/A | N/A | $20,848 | -5.07% |
Listed by: Catherine A Volpe • Kling Real Estate, Ltd.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2500484
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 2025 Staten Island Multiple Listing Service, Inc. All rights reserved.
