237 Lee AveStaten IslandNY10307
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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 237 Lee Ave, Staten Island, NY, 10307 offers $4,043/mo rent that, after a $3,328/mo payment. Total monthly income is $4,043/mo. Return on cash invested measures 17.39% in year one, and rental yield stands at 7.13% at a $680,000 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,871 by year five. Five-year ROI records 89.96% and total cumulative return in cash reaches $201,264. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,043/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
2,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
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Listed by: Wei Liang (Jay) Zhen • Momentum Real Estate LLC
Mls Name: BNYMLS
Mls ID: #496926