








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Staten Island at 40 Larkin St, Staten Island, NY, 10302 with 5% annual appreciation on a $579,000 basis while $3,875/mo rent supports operations. Total monthly income totals $3,875/mo and a $2,834/mo payment preserves $8/mo for cash returns. Annual cash flow comes to $101/yr on $190,491 deployed, and return on cash invested reaches 20.11% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,967 alongside rental yield of 8.03%. Five-year ROI measures 104.56% and total cumulative return in cash totals $199,183.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,875/mo property income versus a $2,834/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1931
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10302, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 3,148 (45.4%) |
| Renter Occupied HU | 3,382 (48.8%) |
| Vacant Housing Units | 401 ( 5.8%) |
| Median Home Value | $626,311 |
| Average Home Value | $639,326 |
Residential
5,422
Single Family
4,735
Multi-Family
687
Businesses
553
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $579,000 |
| 2017-10-20 | Sold | $330,000 |
| 2013-02-20 | Listing removed | $500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $24,540 | 8.49% |
| 2022-02-13 | N/A | N/A | $22,620 | 0.27% |
| 2021-02-13 | N/A | N/A | $22,560 | 13.94% |



Listed by: Eric Liu • Homefinders of SI Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2500641
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