28 Berry CtStaten IslandNY10309
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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 28 Berry Ct, Staten Island, NY, 10309 priced at $629,000 converts $3,704/mo rent into after a $3,079/mo obligation. Total monthly income equals $3,704/mo. Return on cash invested prints 17.18% in year one, and rental yield reads 7.07% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 88.84% and total cumulative return in cash sums $183,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,704/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 1984
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10309, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,737 (100%) |
| Owner Occupied HU | 8,727 (68.5%) |
| Renter Occupied HU | 3,284 (25.8%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $782,533 |
| Average Home Value | $811,399 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,168
Multi-Family
8
Businesses
935
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Listed by: Steve Kazoleas • Redfin Real Estate
Mls Name: BNYMLS
Mls ID: #498273