89 Joline AveStaten IslandNY10307
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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 89 Joline Ave, Staten Island, NY, 10307 offers a 2.88% rental yield on a $975,000 purchase with $2,342/mo rent. 47% in year one. Equity gained on principal adds $6,292/yr while 5% annual appreciation supports $269,375 over five years. Portfolio math shows five-year ROI at 20.64% and total cumulative return in cash at $66,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $4,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1899
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10307, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,564 (100%) |
| Owner Occupied HU | 3,562 (64.0%) |
| Renter Occupied HU | 1,514 (27.2%) |
| Vacant Housing Units | 488 ( 8.8%) |
| Median Home Value | $865,252 |
| Average Home Value | $895,016 |
Housing Distribution
Address Breakdown
Residential
4,263
Single Family
4,221
Multi-Family
42
Businesses
307
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Listed by: Richard Nichilo • Hand In Hand Real Estate
Mls Name: SIBOR
Mls ID: #2506218