39 Summit AveStaten IslandNY10306
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 39 Summit Ave, Staten Island, NY, 10306 offers $3,768/mo rent that, after a $3,910/mo payment. Total monthly income is $3,768/mo. Return on cash invested measures 12.91% in year one, and rental yield stands at 5.66% at a $798,800 entry. Equity gained on principal adds $5,155/yr while 5% annual appreciation compounds into $220,694 by year five. Five-year ROI records 65.91% and total cumulative return in cash reaches $173,223. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,768/mo property income versus a $3,910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,249 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10306, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,923 (100%) |
| Owner Occupied HU | 13,942 (63.6%) |
| Renter Occupied HU | 6,761 (30.8%) |
| Vacant Housing Units | 1,220 ( 5.6%) |
| Median Home Value | $710,351 |
| Average Home Value | $735,738 |
Housing Distribution
Address Breakdown
Residential
19,057
Single Family
16,885
Multi-Family
2,172
Businesses
1,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony C. Ragucci • Neuhaus Realty Inc.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #492866
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.