465 Henry StElizabethNJ07201
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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 Elizabeth at 465 Henry St, Elizabeth, NJ, 07201 priced at $589,000 converts $2,635/mo rent into after a $2,883/mo obligation. Total monthly income equals $2,635/mo. Return on cash invested prints 10.38% in year one, and rental yield reads 5.37% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 52.95% and total cumulative return in cash sums $102,602. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,635/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07201, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 2,398 (23.6%) |
| Renter Occupied HU | 7,254 (71.3%) |
| Vacant Housing Units | 517 ( 5.1%) |
| Median Home Value | $541,942 |
| Average Home Value | $555,021 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
6,816
Multi-Family
2,122
Businesses
1,450
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Listed by: Juan Camilo Victoria • World Class Realty Group
Mls Name: GSMLS
Mls Provider:
Mls ID: #3942409
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