384 Trenton Ave APT 4CPatersonNJ07503
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 Paterson at 384 Trenton Ave APT 4C, Paterson, NJ, 07503 with 5% annual appreciation on a $298,000 basis while $1,924/mo rent supports operations. 47% in year one. Equity gained on principal adds $1,923/yr, and five-year appreciation sums $82,332 alongside rental yield of 7.75%. Five-year ROI measures 91.03% and total cumulative return in cash totals $89,924. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,924/mo property income versus a $1,459/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexa Micciulli • The Agency Rutherford
Mls Name: NJMLS
Mls Provider:
Mls ID: #25005081
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-02-18 07:07:50 PST Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.