527 BroadwayElizabethportNJ07206
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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 Elizabethport at 527 Broadway, Elizabethport, NJ, 07206 offers $2,820/mo rent that, after a $4,244/mo payment. Total monthly income is $2,820/mo. Return on cash invested measures 5.92% in year one, and rental yield stands at 3.9% at a $867,000 entry. Equity gained on principal adds $5,595/yr while 5% annual appreciation compounds into $239,536 by year five. Five-year ROI records 29.06% and total cumulative return in cash reaches $82,879. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $4,244/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2020
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07206, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,664 (100%) |
| Owner Occupied HU | 2,211 (22.9%) |
| Renter Occupied HU | 6,964 (72.1%) |
| Vacant Housing Units | 489 ( 5.1%) |
| Median Home Value | $469,591 |
| Average Home Value | $536,483 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
6,372
Multi-Family
1,412
Businesses
636
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Listed by: Jaime Helms • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3981625