1190 W St George BLDG 1190 #A45LindenNJ07036
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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 Linden at 1190 W St George BLDG 1190 #A45, Linden, NJ, 07036 uses $125,937 cash to close to unlock $4,435/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $3,077/mo, and a $1,859/mo payment keeps the spread at $370/mo. Purchase price stands at $379,900, and rental yield measures 9.72% with $3,077/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 122.97% and total cumulative return in cash records $154,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,077/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Condo
Built in 1998
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07036, Linden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,463 (100%) |
| Owner Occupied HU | 9,015 (51.6%) |
| Renter Occupied HU | 7,594 (43.5%) |
| Vacant Housing Units | 854 ( 4.9%) |
| Median Home Value | $474,923 |
| Average Home Value | $527,233 |
Housing Distribution
Address Breakdown
Residential
16,522
Single Family
13,989
Multi-Family
2,533
Businesses
1,688
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Listed by: Igor Zaslavskiy • Formula Realty Llc
Mls Name: GSMLS
Mls ID: #4004063