93 Rosemont AveElmwood ParkNJ07407
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
Rental property for sale in Elmwood Park at 93 Rosemont Ave, Elmwood Park, NJ, 07407 offers $5,738/mo rent that, after a $2,442/mo payment, leaves $2,182/mo cash flow. Total monthly income is $5,738/mo, and annual cash flow is $26,179/yr on $165,419 cash. Return on cash invested measures 35.73% in year one, and rental yield stands at 13.8% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 188.94% and total cumulative return in cash reaches $312,546. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,738/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07407, Elmwood Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,237 (100%) |
| Owner Occupied HU | 4,582 (55.6%) |
| Renter Occupied HU | 3,162 (38.4%) |
| Vacant Housing Units | 493 ( 6.0%) |
| Median Home Value | $514,801 |
| Average Home Value | $515,318 |
Housing Distribution
Address Breakdown
Residential
7,411
Single Family
7,283
Multi-Family
128
Businesses
614
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Nearby investment properties with comparable prices
Listed by: Frank Palombo • United Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3795657
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