136 Smith StElizabethNJ07201
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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 Elizabeth at 136 Smith St, Elizabeth, NJ, 07201 listed at $509,000 pairs $3,900/mo rent with a $2,491/mo payment to leave $272/mo cash flow. Total monthly income runs $3,900/mo, and annual cash flow reaches $3,267/yr on $167,461 cash to close. Return on cash invested measures 22.01% in year one, and rental yield registers 9.19% at a $509,000 basis. Equity gained on principal adds $3,285/yr, and annual property appreciation at 5% supports $140,627 by year five. Five-year ROI tracks 115.34% and total cumulative return in cash totals $193,141. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,900/mo property income relative to a $2,491/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07201, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 2,398 (23.6%) |
| Renter Occupied HU | 7,254 (71.3%) |
| Vacant Housing Units | 517 ( 5.1%) |
| Median Home Value | $541,942 |
| Average Home Value | $555,021 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
6,816
Multi-Family
2,122
Businesses
1,450
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Listed by: PIERRE A. GUZMAN • PREMIER BLU
Mls Name: All Jersey MLS
Mls ID: #2607937R