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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% |
Rental property for sale in Paterson at 93 Dixon Ave, Paterson, NJ, 07501 generates $2,370/mo in rent, after a $3,671/mo payment. Total monthly income is $2,370/mo. Return on cash invested sits at 5.59% in year one, and rental yield is 3.79% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 27.25% and total cumulative return in cash sums $67,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,370/mo property income rather than buyer’s personal income.
Multi Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07501, Paterson, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,931 (100%) |
| Owner Occupied HU | 1,962 (14.1%) |
| Renter Occupied HU | 11,210 (80.5%) |
| Vacant Housing Units | 759 ( 5.4%) |
| Median Home Value | $310,593 |
| Average Home Value | $356,377 |
Residential
11,958
Single Family
8,340
Multi-Family
3,618
Businesses
921
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Omar Fernandez • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3980769
