243 Pond Way #AStaten IslandNY10303
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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 243 Pond Way #A, Staten Island, NY, 10303 priced at $320,000 converts $2,293/mo rent into $156/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,293/mo, and annual cash flow totals $1,876/yr on $106,080 invested. Return on cash invested prints 21.68% in year one, and rental yield reads 8.6% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 112.98% and total cumulative return in cash sums $119,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,293/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10303, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,374 (100%) |
| Owner Occupied HU | 4,601 (49.1%) |
| Renter Occupied HU | 4,221 (45.0%) |
| Vacant Housing Units | 552 ( 5.9%) |
| Median Home Value | $527,146 |
| Average Home Value | $558,942 |
Housing Distribution
Address Breakdown
Residential
7,637
Single Family
6,419
Multi-Family
1,218
Businesses
563
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Listed by: Rajeev R Sharma • Global Heritage Realty
Mls Name: SIBOR
Mls ID: #2504944