1720 Grier AveLindenNJ07036
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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 Linden at 1720 Grier Ave, Linden, NJ, 07036 generates $4,109/mo in rent and, after a $2,349/mo payment, leaves $688/mo in cash flow. Total monthly income is $4,109/mo, and annual cash flow is $8,259/yr on $159,087 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 10.27% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 131.93% and total cumulative return in cash sums $209,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,109/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07036, Linden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,463 (100%) |
| Owner Occupied HU | 9,015 (51.6%) |
| Renter Occupied HU | 7,594 (43.5%) |
| Vacant Housing Units | 854 ( 4.9%) |
| Median Home Value | $474,923 |
| Average Home Value | $527,233 |
Housing Distribution
Address Breakdown
Residential
16,522
Single Family
13,989
Multi-Family
2,533
Businesses
1,688
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Listed by: Jill Guzman • Jill Guzman Realty
Mls Name: GSMLS
Mls ID: #4005459