1 Grey StLittle FallsNJ07424
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
Investment property for sale in Little Falls at 1 Grey St, Little Falls, NJ, 07424 at $739,900 posts ROI 23.64% with $727/mo cash flow from $6,000/mo rent. Total monthly income equals $6,000/mo, and annual cash flow records $8,719/yr on $243,427 to close. Return on cash invested measures 23.64% and rental yield reads 9.73% at the current $739,900. Equity gained on principal adds $4,774/yr, and 5% annual appreciation supports $204,421 by year five. Five-year ROI prints 124.06% and total cumulative return in cash totals $302,007.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07424, Little Falls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,746 (100%) |
| Owner Occupied HU | 6,659 (62.0%) |
| Renter Occupied HU | 3,585 (33.4%) |
| Vacant Housing Units | 502 ( 4.7%) |
| Median Home Value | $563,308 |
| Average Home Value | $581,647 |
Housing Distribution
Address Breakdown
Residential
10,232
Single Family
9,305
Multi-Family
927
Businesses
1,120
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Nearby investment properties with comparable prices
Listed by: Philip Barone • Realty Executives Exceptional Realtors-Little Falls
Mls Name: NJMLS
Mls ID: #25043798