402 W Gibbons StLindenNJ07036
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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 402 W Gibbons St, Linden, NJ, 07036 with 5% annual appreciation on a $569,500 basis while $4,440/mo rent supports operations. Total monthly income totals $4,440/mo and a $2,787/mo payment preserves $381/mo for cash returns. Annual cash flow comes to $4,573/yr on $187,366 deployed, and return on cash invested reaches 22.5% in year one. Equity gained on principal adds $3,675/yr, and five-year appreciation sums $157,342 alongside rental yield of 9.36%. Five-year ROI measures 117.97% and total cumulative return in cash totals $221,028.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,440/mo property income versus a $2,787/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
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: Dionne Harris-jackman • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3997100