318 Park AveNutleyNJ07110
Nearby investment properties with comparable rents
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 Nutley at 318 Park Ave, Nutley, NJ, 07110 with 5% annual appreciation on a $649,900 basis while $4,223/mo rent supports operations. 76% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,555 alongside rental yield of 7.8%. Five-year ROI measures 92.54% and total cumulative return in cash totals $197,874. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,223/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
5,950 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Miedler • Agency On The Ave
Mls Name: GSMLS
Mls ID: #4007066