755 Narrows Rd #305Staten IslandNY10304
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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 755 Narrows Rd #305, Staten Island, NY, 10304 uses $85,859 cash to close to unlock $61/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $2,269/mo, and a $1,268/mo payment keeps the spread at $5/mo. Purchase price stands at $259,000, and rental yield measures 10.51% with $2,269/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 106.63% and total cumulative return in cash records $91,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,269/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Apartment
Built in 1987
N/A lot
$N/A/sqft
$534 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10304, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 7,309 (42.5%) |
| Renter Occupied HU | 8,780 (51.1%) |
| Vacant Housing Units | 1,104 ( 6.4%) |
| Median Home Value | $707,930 |
| Average Home Value | $824,191 |
Housing Distribution
Address Breakdown
Residential
14,695
Single Family
10,452
Multi-Family
4,243
Businesses
749
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Listed by: Dao Bo Lin • Re/Max Edge
Mls Name: SIBOR
Mls Provider:
Mls ID: #2500482
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