156 Franklin St #1ElizabethportNJ07206
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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 Elizabethport at 156 Franklin St #1, Elizabethport, NJ, 07206 generates $2,820/mo in rent, after a $2,085/mo payment. Total monthly income is $2,820/mo. Return on cash invested sits at 18.07% in year one, and rental yield is 7.95% on a $425,900 entry. Equity gained on principal adds $2,748/yr, while 5% annual appreciation builds toward $117,668 over five years. Five-year ROI reaches 94.22% and total cumulative return in cash sums $133,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07206, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,664 (100%) |
| Owner Occupied HU | 2,211 (22.9%) |
| Renter Occupied HU | 6,964 (72.1%) |
| Vacant Housing Units | 489 ( 5.1%) |
| Median Home Value | $469,591 |
| Average Home Value | $536,483 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
6,372
Multi-Family
1,412
Businesses
636
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Listed by: Jenny Andrade • Sky Realty Associates
Mls Name: GSMLS
Mls ID: #3969443