37 A Carolyn TerraceRoselleNJ07203
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 Roselle at 37 A Carolyn Terrace, Roselle, NJ, 07203 with 5% annual appreciation on a $197,500 basis while $1,509/mo rent supports operations. Total monthly income totals $1,509/mo and a $967/mo payment preserves $101/mo for cash returns. Annual cash flow comes to $1,211/yr on $65,471 deployed, and return on cash invested reaches 21.76% in year one. Equity gained on principal adds $1,274/yr, and five-year appreciation sums $54,566 alongside rental yield of 9.17%. Five-year ROI measures 113.99% and total cumulative return in cash totals $74,631.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,509/mo property income versus a $967/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1952
2,178 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dante Balsamo • Burke & Manna Real Estate Agency
Mls Name: GSMLS
Mls ID: #3999529