32 Barnard PlElizabethNJ07208
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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 Elizabeth at 32 Barnard Pl, Elizabeth, NJ, 07208 priced at $790,000 pairs $2,754/mo rent with after a $3,867/mo payment. Total monthly income equals $2,754/mo. Return on cash invested is 6.78% in year one, and rental yield stands at 4.18% on a $790,000 basis. Equity gained on principal adds $5,098/yr, and 5% annual appreciation accumulates to $218,262 by year five. Five-year ROI measures 33.62% and total cumulative return in cash reaches $87,372. For financing, Ziffy Mortgage’s DSCR program evaluates $2,754/mo property income against a $3,867/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07208, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,023 (100%) |
| Owner Occupied HU | 3,405 (26.1%) |
| Renter Occupied HU | 9,116 (70.0%) |
| Vacant Housing Units | 502 ( 3.9%) |
| Median Home Value | $497,587 |
| Average Home Value | $535,273 |
Housing Distribution
Address Breakdown
Residential
11,878
Single Family
6,343
Multi-Family
5,535
Businesses
668
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Listed by: Christian Torres • Bhgre Elite
Mls Name: GSMLS
Mls ID: #4007371