443 Grove StIrvingtonNJ07111
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 Irvington at 443 Grove St, Irvington, NJ, 07111 with 5% annual appreciation on a $149,999 basis while $2,962/mo rent supports operations. Total monthly income totals $2,962/mo and a $734/mo payment preserves $1,893/mo for cash returns. Annual cash flow comes to $22,716/yr on $49,725 deployed, and return on cash invested reaches 65.59% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 23.7%. Five-year ROI measures 349.05% and total cumulative return in cash totals $173,562.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,962/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07111, Irvington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,548 (100%) |
| Owner Occupied HU | 6,122 (24.0%) |
| Renter Occupied HU | 17,048 (66.7%) |
| Vacant Housing Units | 2,378 ( 9.3%) |
| Median Home Value | $306,780 |
| Average Home Value | $400,813 |
Housing Distribution
Address Breakdown
Residential
20,242
Single Family
13,426
Multi-Family
6,816
Businesses
1,379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Cuevas • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3985240