345 Garibaldi AveLodiNJ07644
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
Rental property for sale in Lodi at 345 Garibaldi Ave, Lodi, NJ, 07644 priced at $540,000 pairs $2,963/mo rent with after a $2,643/mo payment. Total monthly income equals $2,963/mo. Return on cash invested is 14.08% in year one, and rental yield stands at 6.58% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 72.76% and total cumulative return in cash reaches $129,266. For financing, Ziffy Mortgage’s DSCR program evaluates $2,963/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07644, Lodi, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,567 (100%) |
| Owner Occupied HU | 4,236 (40.1%) |
| Renter Occupied HU | 5,912 (55.9%) |
| Vacant Housing Units | 419 ( 4.0%) |
| Median Home Value | $527,335 |
| Average Home Value | $585,640 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
8,453
Multi-Family
317
Businesses
737
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Nearby investment properties with comparable prices
Listed by: Angelica Medina • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3974566
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