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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% |
Investment property for sale in Elizabeth at 704-712 N Broad St UNIT 3D, Elizabeth, NJ, 07208 earns from $2,620/mo rent with a $1,419/mo payment. Total monthly income totals $2,620/mo. ROI tracks 17.12% on current figures, and rental yield reads 10.84% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 92.66% and total cumulative return in cash sums $89,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,620/mo property income instead of your personal income.
Condo
Built in 1988
8,276 sqft lot
$N/A/sqft
$777 monthly HOA
Neighborhood data shown for ZIP Code: 07208, Elizabeth, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,023 (100%) |
| Owner Occupied HU | 3,405 (26.1%) |
| Renter Occupied HU | 9,116 (70.0%) |
| Vacant Housing Units | 502 ( 3.9%) |
| Median Home Value | $497,587 |
| Average Home Value | $535,273 |
Residential
11,878
Single Family
6,343
Multi-Family
5,535
Businesses
668
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Listing removed | $2,500 |
| 2024-12-04 | Listed for sale | $290,000 |
| 2024-11-08 | Price change | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-02-19 | $4648.01 | 103.97% | $15,200 | N/A |
| 2021-02-19 | $2278.79 | -47.99% | $15,200 | N/A |
| 2020-02-19 | $4381.25 | 0.98% | $15,200 | N/A |
Listed by: Albertina Goncalves • Re/Max In Action
Mls Name: GSMLS
Mls Provider:
Mls ID: #3936908
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
