301 E 9Th Ave #0RoselleNJ07203
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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
Rental property for sale in Roselle at 301 E 9Th Ave #0, Roselle, NJ, 07203 generates $3,120/mo in rent, after a $3,059/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 12.27% in year one, and rental yield is 5.99% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 63.09% and total cumulative return in cash sums $129,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Apartment
Built in 1920
2,613 sqft lot
$N/A/sqft
No HOA
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Listed by: Olivier Louis • Re/Max First Realty Ii
Mls Name: GSMLS
Mls ID: #3997836