317 Davis AveKearnyNJ07032
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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 317 Davis Ave, Kearny, NJ, 07032 listed at $595,000 pairs $5,700/mo rent with a $2,912/mo payment to leave $1,459/mo cash flow. Total monthly income runs $5,700/mo, and annual cash flow reaches $17,510/yr on $195,755 cash to close. Return on cash invested measures 29.01% in year one, and rental yield registers 11.5% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 152.84% and total cumulative return in cash totals $299,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,700/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1905
2,613 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: Frank A Riposta • C-21 Semiao & Associates
Mls Name: GSMLS
Mls ID: #4000452