224 W 5Th AveRoselleNJ07203
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
Rental property for sale in Roselle at 224 W 5Th Ave, Roselle, NJ, 07203 priced at $632,875 converts $4,710/mo rent into $199/mo cash flow after a $3,098/mo obligation. Total monthly income equals $4,710/mo, and annual cash flow totals $2,383/yr on $208,216 invested. Return on cash invested prints 21.2% in year one, and rental yield reads 8.93% against a $632,875 entry. Equity gained on principal adds $4,084/yr, while 5% annual appreciation compiles into $174,852 by year five. Five-year ROI reaches 111% and total cumulative return in cash sums $231,121. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,710/mo property income covering a $3,098/mo payment, not borrower’s personal income.
Single Family
Built in 1940
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hugo A. Lopez • Realty One Group Lifestyle Homes
Mls Name: GSMLS
Mls Provider:
Mls ID: #3897048
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.