905 Olive StElizabethNJ07201
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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 Elizabeth at 905 Olive St, Elizabeth, NJ, 07201 offers a 5.26% rental yield on a $780,000 purchase with $3,419/mo rent. 05% in year one. Equity gained on principal adds $5,033/yr while 5% annual appreciation supports $215,500 over five years. Portfolio math shows five-year ROI at 51.17% and total cumulative return in cash at $131,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,419/mo property income against a $3,818/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2002
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07201, Elizabeth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 2,398 (23.6%) |
| Renter Occupied HU | 7,254 (71.3%) |
| Vacant Housing Units | 517 ( 5.1%) |
| Median Home Value | $541,942 |
| Average Home Value | $555,021 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
6,816
Multi-Family
2,122
Businesses
1,450
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Listed by: Camille Haynes • Exp Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3982420
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