53 Elmwood Ter UNIT AElmwood ParkNJ07407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elmwood Park at 53 Elmwood Ter UNIT A, Elmwood Park, NJ, 07407 at $125,000 posts ROI 53.03% with $1,144/mo cash flow from $2,706/mo rent. Total monthly income equals $2,706/mo, and annual cash flow records $13,726/yr on $41,438 to close. Return on cash invested measures 53.03% and rental yield reads 25.98% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 288.76% and total cumulative return in cash totals $119,657.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,706/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1940
2.81 Acres lot
$N/A/sqft
$671 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07407, Elmwood Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,237 (100%) |
| Owner Occupied HU | 4,582 (55.6%) |
| Renter Occupied HU | 3,162 (38.4%) |
| Vacant Housing Units | 493 ( 6.0%) |
| Median Home Value | $514,801 |
| Average Home Value | $515,318 |
Housing Distribution
Address Breakdown
Residential
7,411
Single Family
7,283
Multi-Family
128
Businesses
614
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Nearby investment properties with comparable prices
Listed by: Gene Lowe • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3934012
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