404 Main StStaten IslandNY10307
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 404 Main St, Staten Island, NY, 10307 in Staten Island the bet is firmly on appreciation. Rental yield 5.93%. The 5.93% gross yield on a $599,000 price is below income-first thresholds, but 5%/yr value growth projects $165,493 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.10) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $161,464.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 4.8% |
| Monthly Cash Flow | $(1,041) | $1,850 |
City averages based on Staten Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,959 |
| Total Monthly Debt Service | $3,762 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
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
Single Family
Built in 1964
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices