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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Staten Island at 70 Gridley Ave, Staten Island, NY, 10303 priced at $579,000 converts $4,368/mo rent into $501/mo cash flow after a $2,834/mo obligation. Total monthly income equals $4,368/mo, and annual cash flow totals $6,017/yr on $190,491 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 9.05% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 121.21% and total cumulative return in cash sums $230,899. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,368/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10303, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,374 (100%) |
| Owner Occupied HU | 4,601 (49.1%) |
| Renter Occupied HU | 4,221 (45.0%) |
| Vacant Housing Units | 552 ( 5.9%) |
| Median Home Value | $527,146 |
| Average Home Value | $558,942 |
Residential
7,637
Single Family
6,419
Multi-Family
1,218
Businesses
563
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Victoria Cavicchio • JM Properties
Mls Name: SIBOR
Mls ID: #2506780
