332-334 South StElizabethNJ07202
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 Elizabeth at 332-334 South St, Elizabeth, NJ, 07202 earns from $3,626/mo rent with a $3,177/mo payment. Total monthly income totals $3,626/mo. ROI tracks 14.44% on current figures, and rental yield reads 6.7% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 74.71% and total cumulative return in cash sums $159,528. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,626/mo property income instead of your personal income.
Multi Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07202, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 3,622 (23.4%) |
| Renter Occupied HU | 11,281 (72.8%) |
| Vacant Housing Units | 594 ( 3.8%) |
| Median Home Value | $469,694 |
| Average Home Value | $508,231 |
Housing Distribution
Address Breakdown
Residential
14,461
Single Family
8,810
Multi-Family
5,651
Businesses
802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Carlo Cascio • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3975353