1004 Fanny StElizabethNJ07201
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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
Total monthly income runs $3,386/mo, and a $4,302/mo payment. Purchase price stands at $879,000, and rental yield measures 4.62% with $3,386/mo rent. Return on cash invested shows 8.11% in year one, and 5% annual appreciation builds toward $242,851 over five years. Five-year ROI reaches 40.79% and total cumulative return in cash records $117,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,386/mo property income covering a $4,302/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07201, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 2,398 (23.6%) |
| Renter Occupied HU | 7,254 (71.3%) |
| Vacant Housing Units | 517 ( 5.1%) |
| Median Home Value | $541,942 |
| Average Home Value | $555,021 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
6,816
Multi-Family
2,122
Businesses
1,450
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Listed by: J.c. Gonzalez • Bhgre Elite
Mls Name: GSMLS
Mls ID: #3997152