1014 Grand AveNorth BergenNJ07047
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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
Total monthly income runs $3,799/mo, and a $3,426/mo payment. Purchase price stands at $699,999, and rental yield measures 6.51% with $3,799/mo rent. Return on cash invested shows 13.86% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 71.6% and total cumulative return in cash records $164,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,799/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,098 (100%) |
| Owner Occupied HU | 9,447 (34.9%) |
| Renter Occupied HU | 15,608 (57.6%) |
| Vacant Housing Units | 2,043 ( 7.5%) |
| Median Home Value | $564,058 |
| Average Home Value | $608,904 |
Housing Distribution
Address Breakdown
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
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Listed by: MUSHARAF DAR • REMAX VILLA REALTORS
Mls Name: HCMLS
Mls ID: #250024024