63 W William StLincoln ParkNJ07035
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 Lincoln Park at 63 W William St, Lincoln Park, NJ, 07035 offers a 7.6% rental yield on a $725,000 purchase with $4,592/mo rent. 16% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 89.31% and total cumulative return in cash at $213,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,592/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07035, Lincoln Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,232 (100%) |
| Owner Occupied HU | 3,210 (75.9%) |
| Renter Occupied HU | 940 (22.2%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $477,922 |
| Average Home Value | $519,461 |
Housing Distribution
Address Breakdown
Residential
4,174
Single Family
4,160
Multi-Family
14
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa D. Howanice • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4002596