692 Passaic AveKearnyNJ07032
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
Total monthly income runs $3,985/mo, and a $2,834/mo payment. Purchase price stands at $579,000, and rental yield measures 8.26% with $3,985/mo rent. Return on cash invested shows 19.17% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 100.05% and total cumulative return in cash records $190,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,985/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Single Family
Built in 1950
32.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07032, Kearny, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,485 (100%) |
| Owner Occupied HU | 6,112 (39.5%) |
| Renter Occupied HU | 8,682 (56.1%) |
| Vacant Housing Units | 691 ( 4.5%) |
| Median Home Value | $501,789 |
| Average Home Value | $550,777 |
Housing Distribution
Address Breakdown
Residential
13,214
Single Family
9,548
Multi-Family
3,666
Businesses
1,303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Odalys Lezcano • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3995712