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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Staten Island at 32 Westervelt Ave, Staten Island, NY, 10301 generates $6,997/mo in rent and, after a $4,890/mo payment, leaves $325/mo in cash flow. Total monthly income is $6,997/mo, and annual cash flow is $3,905/yr on $328,671 invested. Return on cash invested sits at 21.25% in year one, and rental yield is 8.4% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 110.64% and total cumulative return in cash sums $363,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,997/mo property income rather than buyer’s personal income.
Multi Family
Built in 1882
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10301, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,622 (38.3%) |
| Renter Occupied HU | 9,278 (53.7%) |
| Vacant Housing Units | 1,390 ( 8.0%) |
| Median Home Value | $726,482 |
| Average Home Value | $771,820 |
Residential
14,455
Single Family
8,775
Multi-Family
5,680
Businesses
926
Date | Event | Price |
|---|---|---|
| 2024-06-04 | Listed for sale | $999,000 |
| 2024-03-23 | Listing removed | N/A |
| 2024-03-08 | Listed for rent | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-12 | N/A | N/A | $36,840 | 23.05% |
| 2022-08-12 | N/A | N/A | $29,940 | 1.42% |
| 2021-08-12 | N/A | N/A | $29,520 | -9.72% |
Listed by: Salvatore Taormina • Revolution Realty Group
Mls Name: SIBOR
Mls Provider:
Mls ID: #2403177
Disclaimer: Certain real estate listing data is provided by Staten Island MLS under its Internet Data Exchange program. This data is provided exclusively for consumers personal, non-commercial use and may only be used for identifying prospective properties consumers may be interested in purchasing or renting. Any other use of the data is hereby prohibited. Data deemed reliable but is not guaranteed accurate by Staten Island MLS and should be independently verified. Copyright 2024 Staten Island Multiple Listing Service, Inc. All rights reserved.
