475 Armstrong Ave APT F2Staten 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 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
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: Jose Matias • Matias Real Estate
Mls Name: SIBOR
Mls Provider:
Mls ID: #2404422
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