115 Bennett RdTeaneckNJ07666
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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 Teaneck at 115 Bennett Rd, Teaneck, NJ, 07666 offers a 9.65% rental yield on a $859,000 purchase with $6,910/mo rent. Total monthly income registers $6,910/mo, and a $4,204/mo payment leaves $788/mo available for distribution. Annual cash flow reaches $9,451/yr on $282,611 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $5,543/yr while 5% annual appreciation supports $237,326 over five years. Portfolio math shows five-year ROI at 122.79% and total cumulative return in cash at $347,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,910/mo property income against a $4,204/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,572 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07666, Teaneck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,090 (100%) |
| Owner Occupied HU | 10,497 (69.6%) |
| Renter Occupied HU | 3,871 (25.7%) |
| Vacant Housing Units | 722 ( 4.8%) |
| Median Home Value | $601,924 |
| Average Home Value | $701,365 |
Housing Distribution
Address Breakdown
Residential
14,574
Single Family
12,755
Multi-Family
1,819
Businesses
1,298
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