615 Jewett AveStaten IslandNY10302
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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 615 Jewett Ave, Staten Island, NY, 10302 priced at $720,000 converts $3,472/mo rent into after a $3,524/mo obligation. Total monthly income equals $3,472/mo. Return on cash invested prints 13.29% in year one, and rental yield reads 5.79% against a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation compiles into $198,923 by year five. Five-year ROI reaches 67.96% and total cumulative return in cash sums $160,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,472/mo property income covering a $3,524/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10302, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 3,148 (45.4%) |
| Renter Occupied HU | 3,382 (48.8%) |
| Vacant Housing Units | 401 ( 5.8%) |
| Median Home Value | $626,311 |
| Average Home Value | $639,326 |
Housing Distribution
Address Breakdown
Residential
5,422
Single Family
4,735
Multi-Family
687
Businesses
553
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Listed by: Salvatore Taormina • Revolution Realty Group
Mls Name: SIBOR
Mls ID: #2600115