71 Lorraine LoopStaten IslandNY10309
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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 71 Lorraine Loop, Staten Island, NY, 10309 offers $3,960/mo rent that, after a $3,063/mo payment. Total monthly income is $3,960/mo. Return on cash invested measures 18.78% in year one, and rental yield stands at 7.59% at a $625,888 entry. Equity gained on principal adds $4,039/yr while 5% annual appreciation compounds into $172,921 by year five. Five-year ROI records 97.42% and total cumulative return in cash reaches $200,595. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,960/mo property income versus a $3,063/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
No 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
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Listed by: JoAnn Brand • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #898325