79 Simonson PlStaten IslandNY10302
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 79 Simonson Pl, Staten Island, NY, 10302 in Staten Island at $625,000 earns $4,285/mo in rent and nets $112/mo after the $2,810/mo payment, a 8.23% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $172,676 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $5,756/yr in principal paydown, total projected return reaches $245,530.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.8% |
| Monthly Cash Flow | $112 | $1,850 |
City averages based on Staten Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,285 |
| Total Monthly Debt Service | $3,925 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10302, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 3,148 (45.4%) |
| Renter Occupied HU | 3,382 (48.8%) |
| Vacant Housing Units | 401 ( 5.8%) |
| Median Home Value | $626,311 |
| Average Home Value | $639,326 |
Housing Distribution
Address Breakdown
Residential
5,422
Single Family
4,735
Multi-Family
687
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1920
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10302, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 3,148 (45.4%) |
| Renter Occupied HU | 3,382 (48.8%) |
| Vacant Housing Units | 401 ( 5.8%) |
| Median Home Value | $626,311 |
| Average Home Value | $639,326 |
Housing Distribution
Address Breakdown
Residential
5,422
Single Family
4,735
Multi-Family
687
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonia Levinsky • eXp Realty BKNY
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490110
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.