24 Ward AveStaten IslandNY10304
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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 24 Ward Ave, Staten Island, NY, 10304 priced at $1,500,000 converts $5,263/mo rent into after a $7,342/mo obligation. Total monthly income equals $5,263/mo. Return on cash invested prints 8.63% in year one, and rental yield reads 4.21% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 42.92% and total cumulative return in cash sums $208,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,263/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10304, Staten Island, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
10,452
Multi-Family
4,243
Businesses
749
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Listed by: Ragheb Mick Baig • Robert DeFalco Realty, Inc.
Mls Name: SIBOR
Mls ID: #2506811