61 W Clay AveRoselle ParkNJ07204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 61 W Clay Ave, Roselle Park, NJ, 07204 in Roselle Park deserves attention. This $499,900 property earns $4,174/mo in rent, a 10.02% gross yield, and nets $610/mo after the $2,248/mo payment. DSCR 1.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $138,113 compounds alongside $4,604/yr in yearly equity build, for a total cumulative return of $230,910.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $610 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,174 |
| Total Monthly Debt Service | $3,364 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,948 (100%) |
| Owner Occupied HU | 3,014 (50.7%) |
| Renter Occupied HU | 2,358 (39.6%) |
| Vacant Housing Units | 576 ( 9.7%) |
| Median Home Value | $462,374 |
| Average Home Value | $520,429 |
Housing Distribution
Address Breakdown
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
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
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07204, Roselle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,948 (100%) |
| Owner Occupied HU | 3,014 (50.7%) |
| Renter Occupied HU | 2,358 (39.6%) |
| Vacant Housing Units | 576 ( 9.7%) |
| Median Home Value | $462,374 |
| Average Home Value | $520,429 |
Housing Distribution
Address Breakdown
Residential
5,309
Single Family
4,487
Multi-Family
822
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls ID: #4029831