6 New Ln APT 7BStaten IslandNY10305
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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 6 New Ln APT 7B, Staten Island, NY, 10305 at $468,000 posts ROI 17.28% with from $3,061/mo rent. Total monthly income equals $3,061/mo. Return on cash invested measures 17.28% and rental yield reads 7.85% at the current $468,000. Equity gained on principal adds $3,020/yr, and 5% annual appreciation supports $129,300 by year five. Five-year ROI prints 90.18% and total cumulative return in cash totals $139,913. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,061/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10305, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,367 (100%) |
| Owner Occupied HU | 8,911 (54.4%) |
| Renter Occupied HU | 6,522 (39.8%) |
| Vacant Housing Units | 934 ( 5.7%) |
| Median Home Value | $679,181 |
| Average Home Value | $717,006 |
Housing Distribution
Address Breakdown
Residential
13,532
Single Family
11,254
Multi-Family
2,278
Businesses
873
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Listed by: Alejandra Ghiano-DiSalvo • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #495432
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.