





A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Elizabeth at 24 Lyons Pl #4, Elizabeth, NJ, 07202 offers a 4.29% rental yield on a $1,250,000 purchase with $4,470/mo rent. 22% in year one. Equity gained on principal adds $8,066/yr while 5% annual appreciation supports $345,352 over five years. Portfolio math shows five-year ROI at 35.94% and total cumulative return in cash at $145,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,470/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1961
2,304 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07202, Elizabeth, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 3,622 (23.4%) |
| Renter Occupied HU | 11,281 (72.8%) |
| Vacant Housing Units | 594 ( 3.8%) |
| Median Home Value | $469,694 |
| Average Home Value | $508,231 |
Residential
14,461
Single Family
8,810
Multi-Family
5,651
Businesses
802
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jill Guzman • Jill Guzman Realty
Mls Name: GSMLS
Mls ID: #3960123