111A Hastings AveRutherfordNJ07070
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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 Rutherford at 111A Hastings Ave, Rutherford, NJ, 07070 priced at $225,000 pairs $1,584/mo rent with after a $1,101/mo payment. Total monthly income equals $1,584/mo. Return on cash invested is 19.6% in year one, and rental yield stands at 8.45% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 102.42% and total cumulative return in cash reaches $76,389. For financing, Ziffy Mortgage’s DSCR program evaluates $1,584/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07070, Rutherford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,355 (100%) |
| Owner Occupied HU | 4,674 (63.5%) |
| Renter Occupied HU | 2,401 (32.6%) |
| Vacant Housing Units | 280 ( 3.8%) |
| Median Home Value | $649,637 |
| Average Home Value | $671,912 |
Housing Distribution
Address Breakdown
Residential
7,130
Single Family
6,071
Multi-Family
1,059
Businesses
693
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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