105 River Rd APT C1NutleyNJ07110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nutley at 105 River Rd APT C1, Nutley, NJ, 07110 earns $292/mo cash flow from $2,423/mo rent with a $1,463/mo payment. Total monthly income totals $2,423/mo, and annual cash flow totals $3,507/yr on $99,119 capital. ROI tracks 23.45% on current figures, and rental yield reads 9.72% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 123.07% and total cumulative return in cash sums $121,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,423/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07110, Nutley, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,777 (63.8%) |
| Renter Occupied HU | 4,070 (33.4%) |
| Vacant Housing Units | 343 ( 2.8%) |
| Median Home Value | $542,138 |
| Average Home Value | $574,017 |
Housing Distribution
Address Breakdown
Residential
11,752
Single Family
9,722
Multi-Family
2,030
Businesses
925
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Chu • Keller Williams Realty - NJ Metro Group
Mls Name: NJMLS
Mls ID: #26000412