1019 Spruce StRoselleNJ07203
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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 Roselle at 1019 Spruce St, Roselle, NJ, 07203 generates $4,366/mo in rent and, after a $2,839/mo payment, leaves $232/mo in cash flow. Total monthly income is $4,366/mo, and annual cash flow is $2,780/yr on $190,820 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 9.03% on a $579,999 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 112.68% and total cumulative return in cash sums $215,012. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,366/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Celia Raposo • World Class Realty Group
Mls Name: GSMLS
Mls ID: #3977975