100 Palisade Ave #B51EnglewoodNJ07631
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 Englewood at 100 Palisade Ave #B51, Englewood, NJ, 07631 generates $3,864/mo in rent and, after a $2,188/mo payment, leaves $678/mo in cash flow. Total monthly income is $3,864/mo, and annual cash flow is $8,132/yr on $148,181 invested. Return on cash invested sits at 25.4% in year one, and rental yield is 10.37% on a $447,000 entry. Equity gained on principal adds $2,884/yr, while 5% annual appreciation builds toward $123,498 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash sums $197,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,864/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07631, Englewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 5,837 (48.3%) |
| Renter Occupied HU | 5,566 (46.0%) |
| Vacant Housing Units | 691 ( 5.7%) |
| Median Home Value | $614,057 |
| Average Home Value | $827,058 |
Housing Distribution
Address Breakdown
Residential
11,142
Single Family
8,695
Multi-Family
2,447
Businesses
1,492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Gamez • Keller Williams City Views Realty
Mls Name: NJMLS
Mls ID: #25022622