128 Allwood Rd #5CliftonNJ07014
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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 128 Allwood Rd #5, Clifton, NJ, 07014 offers a 9.11% rental yield on a $434,900 purchase with $3,300/mo rent. Total monthly income registers $3,300/mo, and a $2,129/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,397/yr on $144,169 to close, and return on cash invested stands at 21.57% in year one. Equity gained on principal adds $2,806/yr while 5% annual appreciation supports $120,155 over five years. Portfolio math shows five-year ROI at 112.99% and total cumulative return in cash at $162,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
435.60 sqft 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: Abdelwaheed Albukhari • Top Value Realty
Mls Name: GSMLS
Mls ID: #3979624