29 Lorraine LoopStaten 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
Investment property for sale in Staten Island at 29 Lorraine Loop, Staten Island, NY, 10309 at $588,888 posts ROI 13.61% with from $2,890/mo rent. Total monthly income equals $2,890/mo. Return on cash invested measures 13.61% and rental yield reads 5.89% at the current $588,888. Equity gained on principal adds $3,800/yr, and 5% annual appreciation supports $162,699 by year five. Five-year ROI prints 69.64% and total cumulative return in cash totals $134,931. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,890/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
1,292 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: Marietta Vinocur • Ben Bay Realty Co
Mls Name: BNYMLS
Mls Provider:
Mls ID: #488128
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.