892 Armstrong Ave APT 23Staten IslandNY10308
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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 892 Armstrong Ave APT 23, Staten Island, NY, 10308 listed at $379,000 pairs $3,635/mo rent with a $1,855/mo payment to leave $1,104/mo cash flow. Total monthly income runs $3,635/mo, and annual cash flow reaches $13,249/yr on $125,639 cash to close. Return on cash invested measures 30.45% in year one, and rental yield registers 11.51% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 160.06% and total cumulative return in cash totals $201,095. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,635/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10308, Staten Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 8,184 (72.7%) |
| Renter Occupied HU | 2,494 (22.2%) |
| Vacant Housing Units | 573 ( 5.1%) |
| Median Home Value | $668,886 |
| Average Home Value | $692,392 |
Housing Distribution
Address Breakdown
Residential
8,899
Single Family
8,647
Multi-Family
252
Businesses
383
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Listed by: Joann Impellizine • DiTommaso Real Estate
Mls Name: SIBOR
Mls ID: #2600445