608 Elm StRoselle 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 608 Elm St, Roselle Park, NJ, 07204 listed at $539,000 pairs $3,778/mo rent with a $2,638/mo payment. Total monthly income runs $3,778/mo. Return on cash invested measures 19.56% in year one, and rental yield registers 8.41% at a $539,000 basis. Equity gained on principal adds $3,478/yr, and annual property appreciation at 5% supports $148,916 by year five. Five-year ROI tracks 102.22% and total cumulative return in cash totals $181,272. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,778/mo property income relative to a $2,638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
3,920 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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Nearby investment properties with comparable prices
Listed by: Michael Martinetti • Keller Williams Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3962624
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