22 Tulane PlLincoln ParkNJ07035
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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 Lincoln Park at 22 Tulane Pl, Lincoln Park, NJ, 07035 generates $4,153/mo in rent and, after a $2,203/mo payment, leaves $945/mo in cash flow. Total monthly income is $4,153/mo, and annual cash flow is $11,340/yr on $149,175 invested. Return on cash invested sits at 27.51% in year one, and rental yield is 11.07% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 144.83% and total cumulative return in cash sums $216,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,153/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07035, Lincoln Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,232 (100%) |
| Owner Occupied HU | 3,210 (75.9%) |
| Renter Occupied HU | 940 (22.2%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $477,922 |
| Average Home Value | $519,461 |
Housing Distribution
Address Breakdown
Residential
4,174
Single Family
4,160
Multi-Family
14
Businesses
283
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Listed by: Aracely Lagos Rosero • Gold Team Realty
Mls Name: GSMLS
Mls ID: #4002321