19 Elmwood TerIrvingtonNJ07111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Irvington at 19 Elmwood Ter, Irvington, NJ, 07111 at $399,000 posts ROI 22.56% with $292/mo cash flow from $3,136/mo rent. Total monthly income equals $3,136/mo, and annual cash flow records $3,503/yr on $132,269 to close. Return on cash invested measures 22.56% and rental yield reads 9.43% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 118.27% and total cumulative return in cash totals $156,434.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1909
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07111, Irvington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,548 (100%) |
| Owner Occupied HU | 6,122 (24.0%) |
| Renter Occupied HU | 17,048 (66.7%) |
| Vacant Housing Units | 2,378 ( 9.3%) |
| Median Home Value | $306,780 |
| Average Home Value | $400,813 |
Housing Distribution
Address Breakdown
Residential
20,242
Single Family
13,426
Multi-Family
6,816
Businesses
1,379
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Listed by: Chien Cheng • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3994533