118 N 14Th StProspect ParkNJ07508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Prospect Park at 118 N 14Th St, Prospect Park, NJ, 07508 earns $1,643/mo cash flow from $6,240/mo rent with a $3,157/mo payment. Total monthly income totals $6,240/mo, and annual cash flow totals $19,710/yr on $212,205 capital. ROI tracks 29.35% on current figures, and rental yield reads 11.61% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash sums $328,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,240/mo property income instead of your personal income.
Single Family
Built in 1918
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07508, Haledon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,265 (59.8%) |
| Renter Occupied HU | 3,145 (35.7%) |
| Vacant Housing Units | 391 ( 4.4%) |
| Median Home Value | $526,607 |
| Average Home Value | $568,689 |
Housing Distribution
Address Breakdown
Residential
7,680
Single Family
7,556
Multi-Family
124
Businesses
436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Syrin Mamkegh • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #3999107