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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 485 Armstrong Ave APT C4, Staten Island, NY, 10308 generates $2,040/mo in rent, after a $1,175/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 15.32% in year one, and rental yield is 10.2% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 82.93% and total cumulative return in cash sums $65,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Condo
Built in 1974
871.20 sqft lot
$N/A/sqft
$741 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 |
|---|---|---|
| 2025-01-07 | Listed for sale | $240,000 |
| 2025-01-07 | Pending sale | $240,000 |
| 2024-12-30 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gabriella Colasuonno • Prodigy Real Estate Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2406951
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.
