234 Freedom AveStaten 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 234 Freedom Ave, Staten Island, NY, 10314 priced at $275,000 pairs $1,904/mo rent with $68/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,904/mo, and annual cash flow comes to $811/yr on $91,163 invested. Return on cash invested is 20.8% in year one, and rental yield stands at 8.31% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 108.28% and total cumulative return in cash reaches $98,711. For financing, Ziffy Mortgage’s DSCR program evaluates $1,904/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
2,750 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: Chelseann Thompson • HANOVER REALTY CORP NY
Mls Name: NY State MLS
Mls ID: #11554834