350 Richmond Ter APT 7PStaten IslandNY10301
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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 350 Richmond Ter APT 7P, Staten Island, NY, 10301 with 5% annual appreciation on a $225,000 basis while $1,611/mo rent supports operations. 05% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.59%. Five-year ROI measures 44.82% and total cumulative return in cash totals $33,429. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,611/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1960
N/A lot
$N/A/sqft
$846 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10301, Staten Island, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,455
Single Family
8,775
Multi-Family
5,680
Businesses
926
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Listed by: Joseph Pallotta • DiTommaso Real Estate
Mls Name: SIBOR
Mls Provider:
Mls ID: #2504842
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