1605 Wood Ave UNIT E-1RoselleNJ07203
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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 Roselle at 1605 Wood Ave UNIT E-1, Roselle, NJ, 07203 earns from $1,775/mo rent with a $1,224/mo payment. Total monthly income totals $1,775/mo. ROI tracks 11.74% on current figures, and rental yield reads 8.52% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 63.19% and total cumulative return in cash sums $52,366. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,775/mo property income instead of your personal income.
Condo
Built in 1950
871.20 sqft lot
$N/A/sqft
$557 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Shameka Norton • More Homes Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3951109
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