565 Pennsylvania AveElizabethNJ07201
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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
Rental property for sale in Elizabeth at 565 Pennsylvania Ave, Elizabeth, NJ, 07201 offers $3,602/mo rent that, after a $2,423/mo payment, leaves $74/mo cash flow. Total monthly income is $3,602/mo, and annual cash flow is $882/yr on $164,093 cash. Return on cash invested measures 20.45% in year one, and rental yield stands at 8.73% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 106.97% and total cumulative return in cash reaches $175,522. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,602/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07201, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 2,398 (23.6%) |
| Renter Occupied HU | 7,254 (71.3%) |
| Vacant Housing Units | 517 ( 5.1%) |
| Median Home Value | $541,942 |
| Average Home Value | $555,021 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
6,816
Multi-Family
2,122
Businesses
1,450
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Listed by: Javier Matallana • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3983976