55 Austin Pl APT 5AStaten IslandNY10304
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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 55 Austin Pl APT 5A, Staten Island, NY, 10304 with 5% annual appreciation on a $330,000 basis while $2,743/mo rent supports operations. Total monthly income totals $2,743/mo and a $1,615/mo payment preserves $540/mo for cash returns. Annual cash flow comes to $6,474/yr on $109,395 deployed, and return on cash invested reaches 25.83% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 9.97%. Five-year ROI measures 135.23% and total cumulative return in cash totals $147,935.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,743/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1962
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10304, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 7,309 (42.5%) |
| Renter Occupied HU | 8,780 (51.1%) |
| Vacant Housing Units | 1,104 ( 6.4%) |
| Median Home Value | $707,930 |
| Average Home Value | $824,191 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
10,452
Multi-Family
4,243
Businesses
749
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Listed by: Anthony Jackson • Truhomes Realty Group
Mls Name: SIBOR
Mls ID: #2506797