801 Garden StElizabethNJ07202
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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
Rental property for sale in Elizabeth at 801 Garden St, Elizabeth, NJ, 07202 priced at $784,800 converts $0/mo rent into after a $3,841/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.94% in year one, and rental yield reads 0% against a $784,800 entry. Equity gained on principal adds $5,064/yr, while 5% annual appreciation compiles into $216,826 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $3,841/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07202, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 3,622 (23.4%) |
| Renter Occupied HU | 11,281 (72.8%) |
| Vacant Housing Units | 594 ( 3.8%) |
| Median Home Value | $469,694 |
| Average Home Value | $508,231 |
Housing Distribution
Address Breakdown
Residential
14,461
Single Family
8,810
Multi-Family
5,651
Businesses
802
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A