11 Evergreen Dr #36CliftonNJ07014
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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
Investment property for sale in Clifton at 11 Evergreen Dr #36, Clifton, NJ, 07014 offers a 11.46% rental yield on a $465,000 purchase with $4,440/mo rent. Total monthly income registers $4,440/mo, and a $2,276/mo payment leaves $1,126/mo available for distribution. Annual cash flow reaches $13,506/yr on $154,148 to close, and return on cash invested stands at 28.67% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 151.06% and total cumulative return in cash at $232,859. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,440/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07014, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,509 (72.3%) |
| Renter Occupied HU | 499 (23.9%) |
| Vacant Housing Units | 79 ( 3.8%) |
| Median Home Value | $562,347 |
| Average Home Value | $569,687 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,988
Multi-Family
19
Businesses
310
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Listed by: Tanya Bressel • EXP Realty, LLC
Mls Name: NJMLS
Mls ID: #25044123