544 Broadway StElizabethNJ07206
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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 Elizabeth at 544 Broadway St, Elizabeth, NJ, 07206 listed at $799,900 pairs $3,832/mo rent with a $3,915/mo payment. Total monthly income runs $3,832/mo. Return on cash invested measures 11.54% in year one, and rental yield registers 5.75% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Five-year ROI tracks 59.15% and total cumulative return in cash totals $155,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,832/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2004
2,774 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-29 | Contingent | $799,900 |
| 2025-07-29 | Pending sale | $799,900 |
| 2025-07-11 | Listed for sale | $799,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $12086.57 | N/A | $628,200 | 1156.40% |
| 2023-10-16 | N/A | N/A | $50,000 | N/A |
| 2022-10-16 | $15289.50 | 7.13% | N/A | N/A |
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Facts & Features
General Information
- Type: MultiFamily
- Year Built: 2004
- Architectural Style: N/A
- Building Area: 2,416
- Living Area: 2,416 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: N/A
- Flooring: N/A
- Interior Features: Unit 1(Kitchen, 5+ Bedrooms, Living Room, 2+ Baths), Unit 2(4 Bedrooms, Kitchen, Living Room, 2+ Baths)
- Exterior Features: Barbecue, Fencing/Wall, Yard
- Parking Features: Garage, Attached, Built-In Garage, Garage Door Opener, 1-2 Car Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: RYAN T. DESTLER • PROLEGACY REALTY LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2600528R
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