59 Gibson AveStaten IslandNY10308
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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 59 Gibson Ave, Staten Island, NY, 10308 priced at $779,000 pairs $2,129/mo rent with after a $3,813/mo payment. Total monthly income equals $2,129/mo. Return on cash invested is 5.67% in year one, and rental yield stands at 3.28% on a $779,000 basis. Equity gained on principal adds $5,027/yr, and 5% annual appreciation accumulates to $215,223 by year five. Five-year ROI measures 27.1% and total cumulative return in cash reaches $69,458. For financing, Ziffy Mortgage’s DSCR program evaluates $2,129/mo property income against a $3,813/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10308, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 8,184 (72.7%) |
| Renter Occupied HU | 2,494 (22.2%) |
| Vacant Housing Units | 573 ( 5.1%) |
| Median Home Value | $668,886 |
| Average Home Value | $692,392 |
Housing Distribution
Address Breakdown
Residential
8,899
Single Family
8,647
Multi-Family
252
Businesses
383
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Listed by: Lisa Imbasciani • Homesite Realty Inc.
Mls Name: SIBOR
Mls ID: #2505704