74 Avenue ELodiNJ07644
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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 Lodi at 74 Avenue E, Lodi, NJ, 07644 earns from $2,640/mo rent with a $3,079/mo payment. Total monthly income totals $2,640/mo. ROI tracks 9.37% on current figures, and rental yield reads 5.04% at a $629,000 purchase. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 over five years. Five-year ROI reaches 47.54% and total cumulative return in cash sums $98,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 1941
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07644, Lodi, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,567 (100%) |
| Owner Occupied HU | 4,236 (40.1%) |
| Renter Occupied HU | 5,912 (55.9%) |
| Vacant Housing Units | 419 ( 4.0%) |
| Median Home Value | $527,335 |
| Average Home Value | $585,640 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
8,453
Multi-Family
317
Businesses
737
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Listed by: John M. Denobile • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4007207