1065 Dewey PlElizabethNJ07202
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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 Elizabeth at 1065 Dewey Pl, Elizabeth, NJ, 07202 generates $3,542/mo in rent, after a $2,784/mo payment. Total monthly income is $3,542/mo. Return on cash invested sits at 16.77% in year one, and rental yield is 7.47% on a $568,900 entry. Equity gained on principal adds $3,671/yr, while 5% annual appreciation builds toward $157,177 over five years. Five-year ROI reaches 87.25% and total cumulative return in cash sums $163,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,542/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07202, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 3,622 (23.4%) |
| Renter Occupied HU | 11,281 (72.8%) |
| Vacant Housing Units | 594 ( 3.8%) |
| Median Home Value | $469,694 |
| Average Home Value | $508,231 |
Housing Distribution
Address Breakdown
Residential
14,461
Single Family
8,810
Multi-Family
5,651
Businesses
802
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Nearby investment properties with comparable prices
Listed by: Mathew Meisels • New And Modern Group
Mls Name: GSMLS
Mls Provider:
Mls ID: #3965662
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