29 Theater LnStaten IslandNY10304
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
Investment Highlights
Rental property for sale in Staten Island at 29 Theater Ln, Staten Island, NY, 10304 priced at $529,000 converts $4,738/mo rent into $1,206/mo cash flow after a $2,589/mo obligation. Total monthly income equals $4,738/mo, and annual cash flow totals $14,467/yr on $174,041 invested. Return on cash invested prints 28.37% in year one, and rental yield reads 10.75% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 148.84% and total cumulative return in cash sums $259,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,738/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1,170 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yolanda M. Felton • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #479375
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.