1327 North AveElizabethNJ07208
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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 1327 North Ave, Elizabeth, NJ, 07208 generates $2,846/mo in rent, after a $3,058/mo payment. Total monthly income is $2,846/mo. Return on cash invested sits at 10.68% in year one, and rental yield is 5.47% on a $624,800 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,621 over five years. Five-year ROI reaches 54.55% and total cumulative return in cash sums $112,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,846/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
9,073 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,878
Single Family
6,343
Multi-Family
5,535
Businesses
668
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Listed by: N/A • N/A
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