29 Burnside AveStaten IslandNY10302
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $699,000, 29 Burnside Ave, Staten Island, NY, 10302 in Staten Island generates $4,723/mo in rent (8.11% yield) but nets only $55/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.50) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $193,121. Total projected return: $270,105.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.8% |
| Monthly Cash Flow | $55 | $1,850 |
City averages based on Staten Island market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,723 |
| Total Monthly Debt Service | $4,390 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10302, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 3,148 (45.4%) |
| Renter Occupied HU | 3,382 (48.8%) |
| Vacant Housing Units | 401 ( 5.8%) |
| Median Home Value | $626,311 |
| Average Home Value | $639,326 |
Housing Distribution
Address Breakdown
Residential
5,422
Single Family
4,735
Multi-Family
687
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10302, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 3,148 (45.4%) |
| Renter Occupied HU | 3,382 (48.8%) |
| Vacant Housing Units | 401 ( 5.8%) |
| Median Home Value | $626,311 |
| Average Home Value | $639,326 |
Housing Distribution
Address Breakdown
Residential
5,422
Single Family
4,735
Multi-Family
687
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SIBOR
Mls ID: #2602662