55 Austin Pl APT 7WStaten 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
Rental property for sale in Staten Island at 55 Austin Pl APT 7W, Staten Island, NY, 10304 priced at $330,000 pairs $3,068/mo rent with $865/mo cash flow after a $1,615/mo payment. Total monthly income equals $3,068/mo, and annual cash flow comes to $10,374/yr on $109,395 invested. Return on cash invested is 29.39% in year one, and rental yield stands at 11.16% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 154.36% and total cumulative return in cash reaches $168,863. For financing, Ziffy Mortgage’s DSCR program evaluates $3,068/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1962
4.18 Acres 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: Marion Donovan • Coldwell Banker Advantage
Mls Name: SIBOR
Mls ID: #2505364