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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 55-57 Purcell St, Staten island, NY, 10310 priced at $1,450,000 pairs $4,709/mo rent with after a $7,097/mo payment. Total monthly income equals $4,709/mo. Return on cash invested is 7.67% in year one, and rental yield stands at 3.9% on a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and 5% annual appreciation accumulates to $400,608 by year five. Five-year ROI measures 37.75% and total cumulative return in cash reaches $177,345. For financing, Ziffy Mortgage’s DSCR program evaluates $4,709/mo property income against a $7,097/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1931
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10310, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,469 (100%) |
| Owner Occupied HU | 4,828 (51.0%) |
| Renter Occupied HU | 4,093 (43.2%) |
| Vacant Housing Units | 548 ( 5.8%) |
| Median Home Value | $668,866 |
| Average Home Value | $692,026 |
Residential
7,855
Single Family
6,596
Multi-Family
1,259
Businesses
635
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $1,450,000 |
| 2021-09-16 | Listing removed | N/A |
| 2021-07-16 | Listed for sale | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-08-31 | N/A | N/A | $94,649 | N/A |
| 2017-08-31 | $12038.40 | N/A | $94,649 | 3.26% |
| 2016-08-31 | N/A | N/A | $91,661 | 8.00% |
Listed by: Michael Ford • Encore Real Estate LLC
Mls Name: SIBOR
Mls Provider:
Mls ID: #2404906
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 2024 Staten Island Multiple Listing Service, Inc. All rights reserved.
