109 Slocum AveEnglewoodNJ07631
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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
Rental property for sale in Englewood at 109 Slocum Ave, Englewood, NJ, 07631 priced at $509,400 converts $4,646/mo rent into $1,015/mo cash flow after a $2,493/mo obligation. Total monthly income equals $4,646/mo, and annual cash flow totals $12,184/yr on $167,593 invested. Return on cash invested prints 27.33% in year one, and rental yield reads 10.94% against a $509,400 entry. Equity gained on principal adds $3,287/yr, while 5% annual appreciation compiles into $140,738 by year five. Five-year ROI reaches 143.86% and total cumulative return in cash sums $241,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,646/mo property income covering a $2,493/mo payment, not borrower’s personal income.
Single Family
Built in 1928
6,150 sqft 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
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