54 W Colfax AveRoselle ParkNJ07204
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 Roselle Park at 54 W Colfax Ave, Roselle Park, NJ, 07204 at $499,000 posts ROI 23.89% with $549/mo cash flow from $4,105/mo rent. Total monthly income equals $4,105/mo, and annual cash flow records $6,583/yr on $165,419 to close. Return on cash invested measures 23.89% and rental yield reads 9.87% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 125.42% and total cumulative return in cash totals $207,462.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,105/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,948 (100%) |
| Owner Occupied HU | 3,014 (50.7%) |
| Renter Occupied HU | 2,358 (39.6%) |
| Vacant Housing Units | 576 ( 9.7%) |
| Median Home Value | $462,374 |
| Average Home Value | $520,429 |
Housing Distribution
Address Breakdown
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
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Listed by: Melissa Gonzales • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #3993529