219 Magie AveRoselle 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 219 Magie Ave, Roselle Park, NJ, 07204 earns from $3,568/mo rent with a $2,692/mo payment. Total monthly income totals $3,568/mo. ROI tracks 17.72% on current figures, and rental yield reads 7.78% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 92.33% and total cumulative return in cash sums $167,074. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,568/mo property income instead of your personal income.
Single Family
Built in 1925
4,791 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: Alyssa Pereira • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3985437