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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Roselle Park at 386 E Westfield Ave UNIT 386, Roselle Park, NJ, 07204 offers a 2.67% rental yield on a $1,399,900 purchase with $3,120/mo rent. 22% in year one. Equity gained on principal adds $9,033/yr while 5% annual appreciation supports $386,767 over five years. Portfolio math shows five-year ROI at 9.17% and total cumulative return in cash at $41,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $6,852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1950
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,948 (100%) |
| Owner Occupied HU | 3,014 (50.7%) |
| Renter Occupied HU | 2,358 (39.6%) |
| Vacant Housing Units | 576 ( 9.7%) |
| Median Home Value | $462,374 |
| Average Home Value | $520,429 |
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
Date | Event | Price |
|---|---|---|
| 2025-01-20 | Price change | $1,399,900 |
| 2024-09-21 | Listed for sale | $1,499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alan A. Rasmussen • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3925335
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
