80 Cleremont AveIrvingtonNJ07111
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 Irvington at 80 Cleremont Ave, Irvington, NJ, 07111 offers a 7.74% rental yield on a $399,900 purchase with $2,580/mo rent. 46% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 90.95% and total cumulative return in cash at $120,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07111, Irvington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,548 (100%) |
| Owner Occupied HU | 6,122 (24.0%) |
| Renter Occupied HU | 17,048 (66.7%) |
| Vacant Housing Units | 2,378 ( 9.3%) |
| Median Home Value | $306,780 |
| Average Home Value | $400,813 |
Housing Distribution
Address Breakdown
Residential
20,242
Single Family
13,426
Multi-Family
6,816
Businesses
1,379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Suselle Salermo • Re/Max First Realty Ii
Mls Name: GSMLS
Mls ID: #4007255