437 Laconia AveStaten 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 437 Laconia Ave, Staten Island, NY, 10305 offers a 5.91% rental yield on a $868,000 purchase with $4,277/mo rent. 68% in year one. Equity gained on principal adds $5,601/yr while 5% annual appreciation supports $239,812 over five years. Portfolio math shows five-year ROI at 70.05% and total cumulative return in cash at $200,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,277/mo property income against a $4,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
2,800 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: Xiao (Emma) Zhu • RE/MAX Edge
Mls Name: BNYMLS
Mls ID: #498486