374A Semel AveGarfieldNJ07026
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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
Rental property for sale in Garfield at 374A Semel Ave, Garfield, NJ, 07026 offers $3,480/mo rent that, after a $3,573/mo payment. Total monthly income is $3,480/mo. Return on cash invested measures 11.45% in year one, and rental yield stands at 5.72% at a $729,900 entry. Equity gained on principal adds $4,710/yr while 5% annual appreciation compounds into $201,658 by year five. Five-year ROI records 58.7% and total cumulative return in cash reaches $140,971. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,480/mo property income versus a $3,573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07026, Garfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 4,740 (37.2%) |
| Renter Occupied HU | 7,345 (57.6%) |
| Vacant Housing Units | 661 ( 5.2%) |
| Median Home Value | $517,466 |
| Average Home Value | $538,461 |
Housing Distribution
Address Breakdown
Residential
10,960
Single Family
9,735
Multi-Family
1,225
Businesses
869
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Listed by: Mark Wallace • Mark Wallace Real Estate
Mls Name: NJMLS
Mls ID: #25038396