475 Elm St #104KearnyNJ07032
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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 Kearny at 475 Elm St #104, Kearny, NJ, 07032 earns $599/mo cash flow from $2,821/mo rent with a $1,526/mo payment. Total monthly income totals $2,821/mo, and annual cash flow totals $7,184/yr on $103,362 capital. ROI tracks 26.86% on current figures, and rental yield reads 10.86% at a $311,800 purchase. Equity gained on principal adds $2,012/yr, and 5% annual appreciation supports $86,145 over five years. Five-year ROI reaches 141.36% and total cumulative return in cash sums $146,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,821/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07032, Kearny, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,485 (100%) |
| Owner Occupied HU | 6,112 (39.5%) |
| Renter Occupied HU | 8,682 (56.1%) |
| Vacant Housing Units | 691 ( 4.5%) |
| Median Home Value | $501,789 |
| Average Home Value | $550,777 |
Housing Distribution
Address Breakdown
Residential
13,214
Single Family
9,548
Multi-Family
3,666
Businesses
1,303
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Listed by: N/A • N/A
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