227 Fairbanks AveStaten 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
Investment property for sale in Staten Island at 227 Fairbanks Ave, Staten Island, NY, 10306 offers a 6.64% rental yield on a $729,000 purchase with $4,033/mo rent. 88% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 81.85% and total cumulative return in cash at $196,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,033/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
4,356 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: Victoria Cavicchio • JM Properties
Mls Name: SIBOR
Mls ID: #2600547