35 Melissa St #AStaten IslandNY10314
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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 35 Melissa St #A, Staten Island, NY, 10314 with 5% annual appreciation on a $449,999 basis while $3,461/mo rent supports operations. Total monthly income totals $3,461/mo and a $2,203/mo payment preserves $456/mo for cash returns. Annual cash flow comes to $5,466/yr on $149,175 deployed, and return on cash invested reaches 23.57% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,326 alongside rental yield of 9.23%. Five-year ROI measures 123.15% and total cumulative return in cash totals $183,701.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,461/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1986
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10314, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,282 (100%) |
| Owner Occupied HU | 21,460 (62.6%) |
| Renter Occupied HU | 10,769 (31.4%) |
| Vacant Housing Units | 2,053 ( 6.0%) |
| Median Home Value | $710,048 |
| Average Home Value | $738,671 |
Housing Distribution
Address Breakdown
Residential
26,882
Single Family
24,403
Multi-Family
2,479
Businesses
1,761
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Listed by: Albert Benzaken • Martino Realty Group
Mls Name: SIBOR
Mls ID: #2507239