37 Ludwig LnStaten IslandNY10303
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 37 Ludwig Ln, Staten Island, NY, 10303 generates $3,608/mo in rent, after a $3,549/mo payment. Total monthly income is $3,608/mo. Return on cash invested sits at 13.85% in year one, and rental yield is 5.97% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 70.99% and total cumulative return in cash sums $169,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,608/mo property income rather than buyer’s personal income.
Multi Family
Built in 1999
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10303, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,374 (100%) |
| Owner Occupied HU | 4,601 (49.1%) |
| Renter Occupied HU | 4,221 (45.0%) |
| Vacant Housing Units | 552 ( 5.9%) |
| Median Home Value | $527,146 |
| Average Home Value | $558,942 |
Housing Distribution
Address Breakdown
Residential
7,637
Single Family
6,419
Multi-Family
1,218
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanna Gromowski • RE/MAX Elite
Mls Name: SIBOR
Mls ID: #2506100