592 Sherman Ave C2 #C2RoselleNJ07203
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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 Roselle at 592 Sherman Ave C2 #C2, Roselle, NJ, 07203 offers a 9.33% rental yield on a $153,000 purchase with $1,190/mo rent. Equity gained on principal adds $987/yr while 5% annual appreciation supports $42,271 over five years. Portfolio math shows five-year ROI at 75.47% and total cumulative return in cash at $38,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1943
435.60 sqft lot
$N/A/sqft
$349 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Wanda Nuila • The Real Estate Company
Mls Name: GSMLS
Mls Provider:
Mls ID: #3966276
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