19B W Roselle Ave BLDG 19 #BRoselle 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
Investment property for sale in Roselle Park at 19B W Roselle Ave BLDG 19 #B, Roselle Park, NJ, 07204 offers a 8.65% rental yield on a $319,900 purchase with $2,306/mo rent. Total monthly income registers $2,306/mo, and a $1,566/mo payment leaves $26/mo available for distribution. Annual cash flow reaches $307/yr on $106,047 to close, and return on cash invested stands at 20.2% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 105.64% and total cumulative return in cash at $112,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,306/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1948
0.58 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: Oscar Salas • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls ID: #3991558