162 Gower StStaten 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 162 Gower St, Staten Island, NY, 10314 priced at $1,199,999 converts $3,488/mo rent into after a $5,873/mo obligation. Total monthly income equals $3,488/mo. Return on cash invested prints 6.4% in year one, and rental yield reads 3.49% against a $1,199,999 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 30.97% and total cumulative return in cash sums $120,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,488/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Multi Family
Built in 1975
4,791 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Dale Taranto • Taranto Realty
Mls Name: SIBOR
Mls ID: #2600126