167 Orchard StGarfieldNJ07026
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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 Garfield at 167 Orchard St, Garfield, NJ, 07026 earns from $3,911/mo rent with a $3,181/mo payment. Total monthly income totals $3,911/mo. ROI tracks 16.01% on current figures, and rental yield reads 7.22% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 83.15% and total cumulative return in cash sums $177,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,911/mo property income instead of your personal income.
Multi Family
Built in 1953
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07026, Garfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 4,740 (37.2%) |
| Renter Occupied HU | 7,345 (57.6%) |
| Vacant Housing Units | 661 ( 5.2%) |
| Median Home Value | $517,466 |
| Average Home Value | $538,461 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
9,735
Multi-Family
1,225
Businesses
869
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Listed by: Mckenna Pennypacker • Exit Cornerstone Realty
Mls Name: GSMLS
Mls ID: #4003660