455 E Westfield AveRoselle ParkNJ07204
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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
Rental property for sale in Roselle Park at 455 E Westfield Ave, Roselle Park, NJ, 07204 offers $4,430/mo rent that, after a $2,442/mo payment, leaves $874/mo cash flow. Total monthly income is $4,430/mo, and annual cash flow is $10,483/yr on $165,419 cash. Return on cash invested measures 26.25% in year one, and rental yield stands at 10.65% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 138.07% and total cumulative return in cash reaches $228,390. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,430/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
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Listed by: Ana De Figueiredo • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #4000856