12 Spruce PlHo Ho KusNJ07423
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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
Total monthly income runs $6,000/mo, and a $4,258/mo payment. Purchase price stands at $869,900, and rental yield measures 8.28% with $6,000/mo rent. Return on cash invested shows 19.22% in year one, and 5% annual appreciation builds toward $240,337 over five years. Five-year ROI reaches 100.35% and total cumulative return in cash records $287,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,000/mo property income covering a $4,258/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07423, Ho Ho Kus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 1,323 (89.9%) |
| Renter Occupied HU | 93 ( 6.3%) |
| Vacant Housing Units | 55 ( 3.7%) |
| Median Home Value | $1,001,816 |
| Average Home Value | $1,121,155 |
Housing Distribution
Address Breakdown
Residential
1,465
Single Family
1,465
Multi-Family
0
Businesses
237
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Listed by: Cynthia Farley • Christie's International Real Estate Group-HoHoKus-Ridgewood East
Mls Name: NJMLS
Mls ID: #25027653