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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 624 Sheridan Ave, Roselle Park, NJ, 07204 offers $3,740/mo rent that, after a $2,741/mo payment. Total monthly income is $3,740/mo. Return on cash invested measures 17.7% in year one, and rental yield stands at 8.01% at a $560,000 entry. Equity gained on principal adds $3,614/yr while 5% annual appreciation compounds into $154,718 by year five. Five-year ROI records 92.47% and total cumulative return in cash reaches $170,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,740/mo property income versus a $2,741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
3,998 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 |
|---|---|---|
| 2025-07-21 | Sold | $560,000 |
| 2025-06-10 | Contingent | $535,000 |
| 2025-06-03 | Pending sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-25 | $12975.64 | N/A | $293,500 | N/A |
| 2024-10-25 | $12975.64 | 2.53% | $293,500 | N/A |
| 2023-10-25 | $12655.72 | 4.08% | $293,500 | N/A |
Listed by: LISA ENGLISH • JERSEY PROPERTY GROUP REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2561583M
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