501 Edgegrove Ave, Staten Island, NY, 10312 | 4.24% Rental Yield

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501 Edgegrove Ave, Staten Island, NY, 10312 | 4.24% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Staten Island at 501 Edgegrove Ave, Staten Island, NY, 10312 offers a 4.24% rental yield on a $1,299,000 purchase with $4,594/mo rent. 74% in year one. Equity gained on principal adds $8,382/yr while 5% annual appreciation supports $358,890 over five years. Portfolio math shows five-year ROI at 43.48% and total cumulative return in cash at $183,013. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,594/mo property income against a $6,358/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1991

6,800 sqft lot

$N/A/sqft

No HOA

More details about the property

Your private oasis awaits in this stunning, renovated colonial. Designed for seamless indoor-outdoor entertaining, the incredible backyard features a heated, inground pool, a fully equipped outdoor kitchen, a charming pool house, and a spacious wrap-around deck. Step inside to discover a beautifully designed interior that combines modern luxury with classic charm. Both the indoor and outdoor spaces are equipped with sonos speakers. The updated kitchen is a chef's dream, showcasing luxurious, extra-thick quartz countertops that make a bold statement. Enjoy entertaining in the generously sized living and dining rooms. The home offers three bedrooms, two full bathrooms, and one half bathroom. Retreat to the exquisitely designed primary suite, which includes a walk-in closet and a spa-like ensuite with magnificent marble floors and walls. The guest bath also features elegant marble flooring. The finished basement provides additional versatile living space and includes a dedicated laundry room. This home is a true must-see for anyone seeking an elegant, comfortable, and entertainer-friendly lifestyle. 2% fee paid to buyer's realtor

Neighborhood Data

Neighborhood data shown for ZIP Code: 10312, Staten Island, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,860 (100%)
Owner Occupied HU	17,024 (74.5%)
Renter Occupied HU	4,572 (20.0%)
Vacant Housing Units	1,264 ( 5.5%)
Median Home Value	$731,859
Average Home Value	$760,862