65 Levine St,Paterson,NJ,07503

Investment Highlights

Rental property for sale in Paterson at 65 Levine St, Paterson, NJ, 07503 offers $2,940/mo rent that, after a $1,443/mo payment, leaves $838/mo cash flow. Total monthly income is $2,940/mo, and annual cash flow is $10,061/yr on $97,759 cash. Return on cash invested measures 30.2% in year one, and rental yield stands at 11.96% at a $294,900 entry. Equity gained on principal adds $1,903/yr while 5% annual appreciation compounds into $81,475 by year five. Five-year ROI records 159.29% and total cumulative return in cash reaches $155,719. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,940/mo property income versus a $1,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.