475 Armstrong Ave #1EStaten 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
Investment property for sale in Staten Island at 475 Armstrong Ave #1E, Staten Island, NY, 10308 earns $1,385/mo cash flow from $2,152/mo rent with a $562/mo payment. Total monthly income totals $2,152/mo, and annual cash flow totals $16,621/yr on $38,089 capital. ROI tracks 63.55% on current figures, and rental yield reads 22.48% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 337.58% and total cumulative return in cash sums $128,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,152/mo property income instead of your personal income.
Condo
Built in 1974
N/A 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: Louis Berardocco • Dynasty Real Estate, Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2403680
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