141 E 18Th StPatersonNJ07524
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Paterson at 141 E 18Th St, Paterson, NJ, 07524 listed at $425,000 pairs $3,008/mo rent with a $2,080/mo payment. Total monthly income runs $3,008/mo. Return on cash invested measures 19.73% in year one, and rental yield registers 8.49% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 103.1% and total cumulative return in cash totals $145,253. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,008/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07524, Paterson, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,440 (100%) |
| Owner Occupied HU | 856 (19.3%) |
| Renter Occupied HU | 3,379 (76.1%) |
| Vacant Housing Units | 205 ( 4.6%) |
| Median Home Value | $394,043 |
| Average Home Value | $407,804 |
Housing Distribution
Address Breakdown
Residential
3,369
Single Family
3,117
Multi-Family
252
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Rodriguez • Lifestyle International Realty
Mls Name: GSMLS
Mls ID: #3981642