10 Hope StMontvaleNJ07645
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 Montvale at 10 Hope St, Montvale, NJ, 07645 priced at $1,200,000 pairs $4,090/mo rent with after a $5,873/mo payment. Total monthly income equals $4,090/mo. Return on cash invested is 6.6% in year one, and rental yield stands at 4.09% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 32.6% and total cumulative return in cash reaches $126,755. For financing, Ziffy Mortgage’s DSCR program evaluates $4,090/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07645, Montvale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,621 (74.2%) |
| Renter Occupied HU | 801 (22.7%) |
| Vacant Housing Units | 111 ( 3.1%) |
| Median Home Value | $749,662 |
| Average Home Value | $804,210 |
Housing Distribution
Address Breakdown
Residential
3,807
Single Family
3,611
Multi-Family
196
Businesses
532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maureen Sgambati • Terrie O'Connor Realtors-Saddle River
Mls Name: NJMLS
Mls ID: #26001321