1605 Wood Ave, Roselle, NJ, 07203 | $181/mo Cash Flow

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 Roselle at 1605 Wood Ave, Roselle, NJ, 07203 uses $65,969 cash to close to unlock $2,167/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,599/mo, and a $974/mo payment keeps the spread at $181/mo. Purchase price stands at $199,000, and rental yield measures 9.64% with $1,599/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash records $80,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,599/mo property income covering a $974/mo payment rather than investor’s personal income.

Condo

Built in 1943

435.60 sqft lot

$N/A/sqft

No HOA