333 1/2 Forest StKearnyNJ07032
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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 333 1/2 Forest St, Kearny, NJ, 07032 uses $99,119 cash to close to unlock $15,591/yr annual cash flow and $1,299/mo monthly cash flow. Total monthly income runs $3,430/mo, and a $1,463/mo payment keeps the spread at $1,299/mo. Purchase price stands at $299,000, and rental yield measures 13.77% with $3,430/mo rent. Return on cash invested shows 35.64% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 188.45% and total cumulative return in cash records $186,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,430/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1,400 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: Jahiro Casado • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #240015911
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.