299-301 High StNorth ArlingtonNJ07031
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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
Investment property for sale in North Arlington at 299-301 High St, North Arlington, NJ, 07031 earns from $5,478/mo rent with a $6,118/mo payment. Total monthly income totals $5,478/mo. ROI tracks 10.2% on current figures, and rental yield reads 5.26% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 51.96% and total cumulative return in cash sums $210,421. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,478/mo property income instead of your personal income.
Multi Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07031, North Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,802 (100%) |
| Owner Occupied HU | 3,542 (52.1%) |
| Renter Occupied HU | 3,036 (44.6%) |
| Vacant Housing Units | 224 ( 3.3%) |
| Median Home Value | $550,000 |
| Average Home Value | $571,886 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,662
Multi-Family
484
Businesses
407
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Nearby investment properties with comparable prices
Listed by: Margaret Cozzarelli • Agency On The Ave
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956179
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