13-15 Hillside Rd, Elizabeth, NJ, 07208 | 4.01% Rental Yield

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13-15 Hillside Rd, Elizabeth, NJ, 07208 | 4.01% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elizabeth at 13-15 Hillside Rd, Elizabeth, NJ, 07208 offers a 4.01% rental yield on a $824,900 purchase with $2,754/mo rent. 24% in year one. Equity gained on principal adds $5,323/yr while 5% annual appreciation supports $227,905 over five years. Portfolio math shows five-year ROI at 30.75% and total cumulative return in cash at $83,449. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,754/mo property income against a $4,037/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Exquisite and rare spacious 4/5 bed brick home for sale! Top of the line renovations throughout! 4 large beds w/possible 5th on 1st floor. Three full and one half baths. Truly comfortable living with all spacious rooms, gorgeous eat in kitchen, oversized yet cozy family room , central air and attached garage. Owner is only second owner. Roof is new in 2025. Hot water tank approx 8 yo, central air 3 yo. Hard wood floors under carpet. (Stone floors in fam room.) Finished basement has bed/multi purpose room, rec room and half bath. Top quality materials throughout including cherry wood and marble in the beautiful kitchen. Convenient first fl laundry. All newer windows. New full house generator eases any blackout worries, just installed in 2023. 2 zone heat. Possible mother/daughter set up as office, fam room and full bath are all near each other and near a separate entrance. Beautiful landscaping brings out the smiles when returning home after a long day :) All on one of the prettiest streets in town near NYC transportation, shops, schools, parks and HOW.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07208, Elizabeth, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,023 (100%)
Owner Occupied HU	3,405 (26.1%)
Renter Occupied HU	9,116 (70.0%)
Vacant Housing Units	502 ( 3.9%)
Median Home Value	$497,587
Average Home Value	$535,273