25 River Rd APT C23NutleyNJ07110
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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 Nutley at 25 River Rd APT C23, Nutley, NJ, 07110 offers a 10.08% rental yield on a $270,000 purchase with $2,268/mo rent. Total monthly income registers $2,268/mo, and a $1,322/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,116/yr on $89,505 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 128.74% and total cumulative return in cash at $115,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,268/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07110, Nutley, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,777 (63.8%) |
| Renter Occupied HU | 4,070 (33.4%) |
| Vacant Housing Units | 343 ( 2.8%) |
| Median Home Value | $542,138 |
| Average Home Value | $574,017 |
Housing Distribution
Address Breakdown
Residential
11,752
Single Family
9,722
Multi-Family
2,030
Businesses
925
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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