475 Armstrong Ave APT G3Staten 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 APT G3, Staten Island, NY, 10308 with 5% annual appreciation on a $229,999 basis while $3,679/mo rent supports operations. Total monthly income totals $3,679/mo and a $1,126/mo payment preserves $2,143/mo for cash returns. Annual cash flow comes to $25,714/yr on $76,245 deployed, and return on cash invested reaches 53.63% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,544 alongside rental yield of 19.19%. Five-year ROI measures 284.35% and total cumulative return in cash totals $216,798.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,679/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1974
1.98 Acres 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: Gary Fleming • Emerald Elite Realty
Mls Name: SIBOR
Mls ID: #2502497