350 Mitchell AveLindenNJ07036
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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 Linden at 350 Mitchell Ave, Linden, NJ, 07036 at $890,000 posts ROI 10.76% with from $4,075/mo rent. Total monthly income equals $4,075/mo. Return on cash invested measures 10.76% and rental yield reads 5.49% at the current $890,000. Equity gained on principal adds $5,743/yr, and 5% annual appreciation supports $245,891 by year five. Five-year ROI prints 55.01% and total cumulative return in cash totals $161,068. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,075/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1993
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07036, Linden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,463 (100%) |
| Owner Occupied HU | 9,015 (51.6%) |
| Renter Occupied HU | 7,594 (43.5%) |
| Vacant Housing Units | 854 ( 4.9%) |
| Median Home Value | $474,923 |
| Average Home Value | $527,233 |
Housing Distribution
Address Breakdown
Residential
16,522
Single Family
13,989
Multi-Family
2,533
Businesses
1,688
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Listed by: Marek Krajnik • Re/Max 1st Advantage
Mls Name: GSMLS
Mls Provider:
Mls ID: #3973853
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