164 East Clay AveRoselle ParkNJ07204
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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 Roselle Park at 164 East Clay Ave, Roselle Park, NJ, 07204 offers $3,780/mo rent that, after a $2,447/mo payment, leaves $217/mo cash flow. Total monthly income is $3,780/mo, and annual cash flow is $2,599/yr on $165,717 cash. Return on cash invested measures 21.48% in year one, and rental yield stands at 9.07% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 112.49% and total cumulative return in cash reaches $186,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,780/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,948 (100%) |
| Owner Occupied HU | 3,014 (50.7%) |
| Renter Occupied HU | 2,358 (39.6%) |
| Vacant Housing Units | 576 ( 9.7%) |
| Median Home Value | $462,374 |
| Average Home Value | $520,429 |
Housing Distribution
Address Breakdown
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
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Listed by: Alberto Wells • America's Elite Group Llc.
Mls Name: GSMLS
Mls ID: #3993754