21 Pershing StGarfieldNJ07026
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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 Garfield at 21 Pershing St, Garfield, NJ, 07026 priced at $617,000 pairs $3,480/mo rent with after a $3,020/mo payment. Total monthly income equals $3,480/mo. Return on cash invested is 14.63% in year one, and rental yield stands at 6.77% on a $617,000 basis. Equity gained on principal adds $3,981/yr, and 5% annual appreciation accumulates to $170,466 by year five. Five-year ROI measures 75.78% and total cumulative return in cash reaches $153,825. For financing, Ziffy Mortgage’s DSCR program evaluates $3,480/mo property income against a $3,020/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07026, Garfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 4,740 (37.2%) |
| Renter Occupied HU | 7,345 (57.6%) |
| Vacant Housing Units | 661 ( 5.2%) |
| Median Home Value | $517,466 |
| Average Home Value | $538,461 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
9,735
Multi-Family
1,225
Businesses
869
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Listed by: Joanna Niewiarowski • Better Home Realty
Mls Name: NJMLS
Mls ID: #25033684