129 Knickerbocker RdDemarestNJ07627
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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 Demarest at 129 Knickerbocker Rd, Demarest, NJ, 07627 priced at $1,250,000 pairs $4,833/mo rent with after a $6,118/mo payment. Total monthly income equals $4,833/mo. Return on cash invested is 8.29% in year one, and rental yield stands at 4.64% on a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 41.7% and total cumulative return in cash reaches $168,901. For financing, Ziffy Mortgage’s DSCR program evaluates $4,833/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07627, Demarest, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,526 (87.0%) |
| Renter Occupied HU | 145 ( 8.3%) |
| Vacant Housing Units | 83 ( 4.7%) |
| Median Home Value | $967,949 |
| Average Home Value | $1,174,869 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
95
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Listed by: Hyong Lee • Innovation Group of New Jersey Inc
Mls Name: NJMLS
Mls ID: #25031869