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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 Elmwood Park Dr APT 102, Staten Island, NY, 10314 uses $109,064 cash to close to unlock $8,007/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $3,403/mo, and a $1,610/mo payment keeps the spread at $667/mo. Purchase price stands at $329,000, and rental yield measures 12.41% with $3,403/mo rent. Return on cash invested shows 27.25% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 145.02% and total cumulative return in cash records $158,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,403/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$539 monthly HOA
Neighborhood data shown for ZIP Code: 10314, Staten Island, NY area.
| 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 |
Residential
26,882
Single Family
24,403
Multi-Family
2,479
Businesses
1,761
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $329,000 |
| 2022-09-06 | Sold | $325,000 |
| 2022-06-15 | Listed for sale | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-12 | N/A | N/A | $42,100 | 6.42% |
| 2022-08-12 | N/A | N/A | $39,562 | 30.60% |
| 2021-08-12 | N/A | N/A | $30,292 | -14.70% |
Listed by: Melissa Gomez • ERA Top Service Realty Inc.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #484883
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.
