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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 81 Ridgecrest Ave, Staten Island, NY, 10312 priced at $1,200,000 converts $5,455/mo rent into after a $5,873/mo obligation. Total monthly income equals $5,455/mo. Return on cash invested prints 12.47% in year one, and rental yield reads 5.46% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 63.53% and total cumulative return in cash sums $247,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,455/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2023
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10312, Staten Island, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,860 (100%) |
| Owner Occupied HU | 17,024 (74.5%) |
| Renter Occupied HU | 4,572 (20.0%) |
| Vacant Housing Units | 1,264 ( 5.5%) |
| Median Home Value | $731,859 |
| Average Home Value | $760,862 |
Residential
18,712
Single Family
18,607
Multi-Family
105
Businesses
619
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Listed for sale | $1,200,000 |
| 2023-06-27 | Sold | $900,000 |
| 2023-02-15 | Listed for sale | $929,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chi H Tse • Jadestone Development Realty LLC
Mls Name: SIBOR
Mls Provider:
Mls ID: #2500594
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