206 21St StIrvingtonNJ07111
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 206 21St St, Irvington, NJ, 07111 earns $259/mo cash flow from $2,254/mo rent with a $1,370/mo payment. Total monthly income totals $2,254/mo, and annual cash flow totals $3,104/yr on $92,820 capital. ROI tracks 23.25% on current figures, and rental yield reads 9.66% at a $279,999 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 122.03% and total cumulative return in cash sums $113,264. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,254/mo property income instead of your personal income.
Single Family
Built in 1953
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine N. Marotta • Realty Executives Mountain Prop.
Mls Name: GSMLS
Mls ID: #3983928