19 Howe AveNutleyNJ07110
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 Nutley at 19 Howe Ave, Nutley, NJ, 07110 uses $256,291 cash to close to unlock $4,575/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $5,934/mo, and a $3,813/mo payment keeps the spread at $381/mo. Purchase price stands at $779,000, and rental yield measures 9.14% with $5,934/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 114.44% and total cumulative return in cash records $293,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,934/mo property income covering a $3,813/mo payment rather than investor’s personal income.
Single Family
Built in 1990
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07110, Nutley, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,777 (63.8%) |
| Renter Occupied HU | 4,070 (33.4%) |
| Vacant Housing Units | 343 ( 2.8%) |
| Median Home Value | $542,138 |
| Average Home Value | $574,017 |
Housing Distribution
Address Breakdown
Residential
11,752
Single Family
9,722
Multi-Family
2,030
Businesses
925
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Ryder • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #3988693