755 Narrows Rd N APT 614, Staten Island, NY, 10304 | $260/mo Cash Flow

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755 Narrows Rd N APT 614, Staten Island, NY, 10304 | $260/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Staten Island at 755 Narrows Rd N APT 614, Staten Island, NY, 10304 earns $260/mo cash flow from $2,530/mo rent with a $1,664/mo payment. Total monthly income totals $2,530/mo, and annual cash flow totals $3,118/yr on $112,677 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.93% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash sums $133,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,530/mo property income instead of your personal income.

Condo

Built in 1987

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

755 Narrows Road North, Unit 614 is a condo located in a Staten Island Icon, Sunrise Tower, in Grymes Hill. This condo is conveniently located right along the Staten Island Expressway which gives you close access to express buses as well as access to the Verazzano Bridge. This unit was renovated back in 2023 and features a complete set of stainless steel appliances inclusive of a range, fridge and dishwasher. There is a sizable living room, giving you ample space to entertain and even possibly work from home. There is one bedroom large enough to fit a king bed as well as the corresponding furniture pieces. This particular unit also has a stackable BOSCH washer & dryer located in the bathroom that are both being sold with this unit. This building has a number of amenities that are included in the monthly HOA which is inclusive of an indoor pool, gym, parking, 24 hour door man, snow removal, exterior maintenance, gas, water & sewer and a ton of privacy.

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