294 Colony AveStaten IslandNY10306
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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 294 Colony Ave, Staten Island, NY, 10306 earns from $3,685/mo rent with a $3,840/mo payment. Total monthly income totals $3,685/mo. ROI tracks 12.84% on current figures, and rental yield reads 5.64% at a $784,500 purchase. Equity gained on principal adds $5,062/yr, and 5% annual appreciation supports $216,743 over five years. Five-year ROI reaches 65.51% and total cumulative return in cash sums $169,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,685/mo property income instead of your personal income.
Single Family
Built in 2006
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10306, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,923 (100%) |
| Owner Occupied HU | 13,942 (63.6%) |
| Renter Occupied HU | 6,761 (30.8%) |
| Vacant Housing Units | 1,220 ( 5.6%) |
| Median Home Value | $710,351 |
| Average Home Value | $735,738 |
Housing Distribution
Address Breakdown
Residential
19,057
Single Family
16,885
Multi-Family
2,172
Businesses
1,160
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Listed by: Leonid Kipnis • Homes R Us Realty of NY, Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2500113
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