225 Broad St #1-EElizabethNJ07201
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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 Elizabeth at 225 Broad St #1-E, Elizabeth, NJ, 07201 uses $148,844 cash to close to unlock $1,647/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $3,338/mo, and a $2,198/mo payment keeps the spread at $137/mo. Purchase price stands at $449,000, and rental yield measures 8.92% with $3,338/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 110.03% and total cumulative return in cash records $163,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,338/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Condo
Built in 2025
5,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07201, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 2,398 (23.6%) |
| Renter Occupied HU | 7,254 (71.3%) |
| Vacant Housing Units | 517 ( 5.1%) |
| Median Home Value | $541,942 |
| Average Home Value | $555,021 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
6,816
Multi-Family
2,122
Businesses
1,450
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Listed by: Ana Caetano • Serhant New Jersey Llc
Mls Name: GSMLS
Mls ID: #4005177