52 Lincoln StPassaicNJ07055
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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 Passaic at 52 Lincoln St, Passaic, NJ, 07055 offers $3,266/mo rent that, after a $1,909/mo payment, leaves $486/mo cash flow. Total monthly income is $3,266/mo, and annual cash flow is $5,832/yr on $129,285 cash. Return on cash invested measures 24.42% in year one, and rental yield stands at 10.05% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 128.25% and total cumulative return in cash reaches $165,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,266/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07055, Passaic, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,898 (100%) |
| Owner Occupied HU | 5,132 (23.4%) |
| Renter Occupied HU | 15,698 (71.7%) |
| Vacant Housing Units | 1,068 ( 4.9%) |
| Median Home Value | $537,015 |
| Average Home Value | $562,836 |
Housing Distribution
Address Breakdown
Residential
20,248
Single Family
13,119
Multi-Family
7,129
Businesses
2,230
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Listed by: Andrea Alummootil • Keller Williams City Views Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3961809
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