38 Field St, Staten Island, NY, 10314 | 5.29% Rental Yield

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38 Field St, Staten Island, NY, 10314 | 5.29% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Staten Island at 38 Field St, Staten Island, NY, 10314 generates $3,780/mo in rent, after a $4,199/mo payment. Total monthly income is $3,780/mo. Return on cash invested sits at 11.77% in year one, and rental yield is 5.29% on a $858,000 entry. Equity gained on principal adds $5,537/yr, while 5% annual appreciation builds toward $237,050 over five years. Five-year ROI reaches 59.83% and total cumulative return in cash sums $168,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,780/mo property income rather than buyer’s personal income.

Townhouse

Built in 1971

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-story semi-detached single-family home, offering comfort, space, and convenience in one of Staten Island's most desirable neighborhoods. The first floor features a spacious recreation room perfect for entertaining or relaxing, along with a full bathroom, a private office ideal for working from home, a wet bar, and a convenient side entrance that enhances privacy and accessibility. Up on the second floor, you'll find a bright and inviting living room that flows into a formal dining area, creating a wonderful setting for gatherings. The eat-in kitchen provides plenty of room for daily meals, and a half bath adds extra convenience. From this level, sliding patio doors lead out to a beautiful Trex deck, giving you the perfect outdoor space for grilling, hosting, or simply enjoying fresh air. The third floor offers three comfortable bedrooms, all filled with natural light, along with a full bathroom that completes the family-friendly layout. The location of 38 Field St brings outstanding neighborhood conveniences. You're close to shopping centers, local boutiques, supermarkets, and popular dining options. Nearby parks offer playgrounds, ballfields, and walking paths, giving plenty of opportunities for outdoor recreation. Public transportation is easily accessible, making commuting simple, and major roadways are just minutes away. Excellent schools, quiet residential streets, and a welcoming community atmosphere all contribute to the appeal of this well-situated home.

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