623 ILYSSA WayStaten IslandNY10312
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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 623 ILYSSA Way, Staten Island, NY, 10312 offers $2,400/mo rent that, after a $1,738/mo payment, leaves $29/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $345/yr on $117,716 cash. Return on cash invested measures 20.2% in year one, and rental yield stands at 8.11% at a $355,100 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,108 by year five. Five-year ROI records 105.06% and total cumulative return in cash reaches $123,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10312, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,860 (100%) |
| Owner Occupied HU | 17,024 (74.5%) |
| Renter Occupied HU | 4,572 (20.0%) |
| Vacant Housing Units | 1,264 ( 5.5%) |
| Median Home Value | $731,859 |
| Average Home Value | $760,862 |
Housing Distribution
Address Breakdown
Residential
18,712
Single Family
18,607
Multi-Family
105
Businesses
619
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Listed by: Christopher A. Rose • REALHome Services & Solutions
Mls Name: OneKey MLS
Mls ID: #949663