523 Greaves AveStaten 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 523 Greaves Ave, Staten Island, NY, 10308 offers a 8.16% rental yield on a $598,000 purchase with $4,064/mo rent. Total monthly income registers $4,064/mo, and a $2,927/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $847/yr on $196,742 to close, and return on cash invested stands at 20.49% in year one. Equity gained on principal adds $3,859/yr while 5% annual appreciation supports $165,216 over five years. Portfolio math shows five-year ROI at 106.58% and total cumulative return in cash at $209,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,064/mo property income against a $2,927/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1,375 sqft 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: Renzhang Danny Dong • RE/MAX Edge
Mls Name: BNYMLS
Mls ID: #493909