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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Staten Island at 475 Armstrong Ave APT F2, Staten Island, NY, 10308 offers $923/mo rent that, after a $582/mo payment. Total monthly income is $923/mo. Return on cash invested measures 8.49% in year one, and rental yield stands at 9.32% at a $118,888 entry. Equity gained on principal adds $767/yr while 5% annual appreciation compounds into $32,847 by year five. Five-year ROI records 47.79% and total cumulative return in cash reaches $18,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $923/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1974
1.83 Acres lot
$N/A/sqft
$504 monthly HOA
Neighborhood data shown for ZIP Code: 10308, Staten Island, NY area.
| 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 |
Residential
8,899
Single Family
8,647
Multi-Family
252
Businesses
383
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listed for sale | $118,888 |
| 2024-09-17 | Contingent | $118,888 |
| 2024-08-02 | Listed for sale | $118,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jose Matias • Matias Real Estate
Mls Name: SIBOR
Mls Provider:
Mls ID: #2404422
Disclaimer: Certain real estate listing data is provided by Staten Island MLS under its Internet Data Exchange program. This data is provided exclusively for consumers personal, non-commercial use and may only be used for identifying prospective properties consumers may be interested in purchasing or renting. Any other use of the data is hereby prohibited. Data deemed reliable but is not guaranteed accurate by Staten Island MLS and should be independently verified. Copyright 2025 Staten Island Multiple Listing Service, Inc. All rights reserved.
