284 Steuben StStaten 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
Investment property for sale in Staten Island at 284 Steuben St, Staten Island, NY, 10304 uses $192,794 cash to close to unlock $1,152/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $4,009/mo, and a $2,868/mo payment keeps the spread at $96/mo. Purchase price stands at $586,000, and rental yield measures 8.21% with $4,009/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $161,901 over five years. Five-year ROI reaches 107.46% and total cumulative return in cash records $207,176. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,009/mo property income covering a $2,868/mo payment rather than investor’s personal income.
Single Family
Built in 1988
823 sqft 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: Edmond Lin • Momentum Real Estate LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #492805
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.