535 Craig AveStaten IslandNY10307
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 535 Craig Ave, Staten Island, NY, 10307 in Staten Island fits: $1,499,999, 4.21% gross yield, and a projected 5% annual appreciation rate adding $414,422 in value within five years. Rental yield 4.21%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.78) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $13,815/yr in principal paydown and $414,422 in appreciation project a total return of $265,725.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 4.8% |
| Monthly Cash Flow | $(4,758) | $1,850 |
City averages based on Staten Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,258 |
| Total Monthly Debt Service | $9,420 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1901
10,368 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1901
10,368 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Ficarra • DiTommaso Real Estate
Mls Name: BNYMLS
Mls Provider:
Mls ID: #488480
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.