56 Confederation PlStaten IslandNY10303
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
Investment Highlights
Rental property for sale in Staten Island at 56 Confederation Pl, Staten Island, NY, 10303 priced at $788,888 pairs $5,039/mo rent with after a $3,861/mo payment. Total monthly income equals $5,039/mo. Return on cash invested is 19% in year one, and rental yield stands at 7.66% on a $788,888 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,955 by year five. Five-year ROI measures 98.6% and total cumulative return in cash reaches $255,911. For financing, Ziffy Mortgage’s DSCR program evaluates $5,039/mo property income against a $3,861/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10303, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,374 (100%) |
| Owner Occupied HU | 4,601 (49.1%) |
| Renter Occupied HU | 4,221 (45.0%) |
| Vacant Housing Units | 552 ( 5.9%) |
| Median Home Value | $527,146 |
| Average Home Value | $558,942 |
Housing Distribution
Address Breakdown
Residential
7,637
Single Family
6,419
Multi-Family
1,218
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ola Tleis • Top Choice Realty LLC
Mls Name: SIBOR
Mls ID: #2506280