423 Chestnut StRoselleNJ07203
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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 Roselle at 423 Chestnut St, Roselle, NJ, 07203 with 5% annual appreciation on a $550,000 basis while $4,334/mo rent supports operations. Total monthly income totals $4,334/mo and a $2,692/mo payment preserves $414/mo for cash returns. Annual cash flow comes to $4,964/yr on $180,950 deployed, and return on cash invested reaches 22.8% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 9.46%. Five-year ROI measures 119.57% and total cumulative return in cash totals $216,370.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,334/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Jodi Latorre • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3982615