416 Maryland Ave APT 2BStaten IslandNY10305
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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
Investment property for sale in Staten Island at 416 Maryland Ave APT 2B, Staten Island, NY, 10305 listed at $299,000 pairs $2,574/mo rent with a $1,463/mo payment to leave $578/mo cash flow. Total monthly income runs $2,574/mo, and annual cash flow reaches $6,933/yr on $99,119 cash to close. Return on cash invested measures 26.9% in year one, and rental yield registers 10.33% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 140.99% and total cumulative return in cash totals $139,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,574/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10305, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,367 (100%) |
| Owner Occupied HU | 8,911 (54.4%) |
| Renter Occupied HU | 6,522 (39.8%) |
| Vacant Housing Units | 934 ( 5.7%) |
| Median Home Value | $679,181 |
| Average Home Value | $717,006 |
Housing Distribution
Address Breakdown
Residential
13,532
Single Family
11,254
Multi-Family
2,278
Businesses
873
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Listed by: Vanessa Raggi • JM Properties
Mls Name: SIBOR
Mls ID: #2504455