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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Roselle Park at 611 Laurel Ave, Roselle Park, NJ, 07204 offers $4,554/mo rent that, after a $2,692/mo payment, leaves $634/mo cash flow. Total monthly income is $4,554/mo, and annual cash flow is $7,604/yr on $180,950 cash. Return on cash invested measures 24.26% in year one, and rental yield stands at 9.94% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 127.39% and total cumulative return in cash reaches $230,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,554/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
| 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 |
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: James Querry • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3982768
