239 Hoyt StKearnyNJ07032
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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 Kearny at 239 Hoyt St, Kearny, NJ, 07032 uses $158,789 cash to close to unlock $951/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $3,493/mo, and a $2,344/mo payment keeps the spread at $79/mo. Purchase price stands at $479,000, and rental yield measures 8.75% with $3,493/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 107.3% and total cumulative return in cash records $170,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,493/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1915
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07032, Kearny, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,485 (100%) |
| Owner Occupied HU | 6,112 (39.5%) |
| Renter Occupied HU | 8,682 (56.1%) |
| Vacant Housing Units | 691 ( 4.5%) |
| Median Home Value | $501,789 |
| Average Home Value | $550,777 |
Housing Distribution
Address Breakdown
Residential
13,214
Single Family
9,548
Multi-Family
3,666
Businesses
1,303
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Listed by: Michael Rosa • Rosa Agency
Mls Name: GSMLS
Mls ID: #3987215