414 Elverton AveStaten IslandNY10308
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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
Investment Highlights
Rental property for sale in Staten Island at 414 Elverton Ave, Staten Island, NY, 10308 offers $4,411/mo rent that, after a $3,539/mo payment. Total monthly income is $4,411/mo. Return on cash invested measures 17.95% in year one, and rental yield stands at 7.32% at a $723,000 entry. Equity gained on principal adds $4,665/yr while 5% annual appreciation compounds into $199,752 by year five. Five-year ROI records 92.98% and total cumulative return in cash reaches $221,161. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,411/mo property income versus a $3,539/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10308, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 8,184 (72.7%) |
| Renter Occupied HU | 2,494 (22.2%) |
| Vacant Housing Units | 573 ( 5.1%) |
| Median Home Value | $668,886 |
| Average Home Value | $692,392 |
Housing Distribution
Address Breakdown
Residential
8,899
Single Family
8,647
Multi-Family
252
Businesses
383
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Listed by: Anthony Jackson • Truhomes Realty Group
Mls Name: SIBOR
Mls ID: #2505591