85 Elmwood Park Dr APT 2Staten IslandNY10314
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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 85 Elmwood Park Dr APT 2, Staten Island, NY, 10314 priced at $459,000 pairs $2,770/mo rent with after a $2,247/mo payment. Total monthly income equals $2,770/mo. Return on cash invested is 17.58% in year one, and rental yield stands at 7.24% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 90.99% and total cumulative return in cash reaches $138,455. For financing, Ziffy Mortgage’s DSCR program evaluates $2,770/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10314, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,282 (100%) |
| Owner Occupied HU | 21,460 (62.6%) |
| Renter Occupied HU | 10,769 (31.4%) |
| Vacant Housing Units | 2,053 ( 6.0%) |
| Median Home Value | $710,048 |
| Average Home Value | $738,671 |
Housing Distribution
Address Breakdown
Residential
26,882
Single Family
24,403
Multi-Family
2,479
Businesses
1,761
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Listed by: Carmine Masullo • Homefinders of SI Inc.
Mls Name: SIBOR
Mls ID: #2504957