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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% |
Investment property for sale in Staten Island at 2 Divine St, Staten Island, NY, 10304 listed at $1,149,000 pairs $9,046/mo rent with a $5,624/mo payment to leave $1,373/mo cash flow. Total monthly income runs $9,046/mo, and annual cash flow reaches $16,475/yr on $372,276 cash to close. Return on cash invested measures 24.8% in year one, and rental yield registers 9.45% at a $1,149,000 basis. Equity gained on principal adds $7,414/yr, and annual property appreciation at 5% supports $317,448 by year five. Five-year ROI tracks 129.6% and total cumulative return in cash totals $482,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,046/mo property income relative to a $5,624/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1965
4,999 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10304, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 7,309 (42.5%) |
| Renter Occupied HU | 8,780 (51.1%) |
| Vacant Housing Units | 1,104 ( 6.4%) |
| Median Home Value | $707,930 |
| Average Home Value | $824,191 |
Residential
14,695
Single Family
10,452
Multi-Family
4,243
Businesses
749
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Contingent | $1,149,000 |
| 2024-07-30 | Listed for sale | $1,149,000 |
| 2019-09-27 | Sold | $905,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-12 | N/A | N/A | $58,620 | 16.45% |
| 2022-08-12 | N/A | N/A | $50,340 | 4.35% |
| 2021-08-12 | N/A | N/A | $48,240 | -9.56% |
Listed by: Domenick Cinquemani • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #484915
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.
