599 Correll Ave #150Staten IslandNY10309
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 599 Correll Ave #150, Staten Island, NY, 10309 in Staten Island. Rental yield 7.36%. The 1.36 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $127,090 and $4,237/yr in principal reduction project total return of $140,768.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.8% |
| Monthly Cash Flow | $(559) | $1,850 |
City averages based on Staten Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,822 |
| Total Monthly Debt Service | $3,199 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10309, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,737 (100%) |
| Owner Occupied HU | 8,727 (68.5%) |
| Renter Occupied HU | 3,284 (25.8%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $782,533 |
| Average Home Value | $811,399 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,168
Multi-Family
8
Businesses
935
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
Single Family
Built in 1985
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10309, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,737 (100%) |
| Owner Occupied HU | 8,727 (68.5%) |
| Renter Occupied HU | 3,284 (25.8%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $782,533 |
| Average Home Value | $811,399 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,168
Multi-Family
8
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy M Wynn • Wynn SI Real Estate
Mls Name: SIBOR
Mls Provider:
Mls ID: #2502042
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