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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Nutley at 120 Bloomfield Ave, Nutley, NJ, 07110 generates $2,172/mo in rent, after a $3,181/mo payment. Total monthly income is $2,172/mo. Return on cash invested sits at 6.25% in year one, and rental yield is 4.01% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 30.82% and total cumulative return in cash sums $65,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Multi Family
Built in 1914
8,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07110, Nutley, NJ area.
| 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 |
Residential
11,752
Single Family
9,722
Multi-Family
2,030
Businesses
925
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Giannina Viruet • Prestige Property Group Montclair
Mls Name: GSMLS
Mls ID: #3973771
