1328 Taft 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 1328 Taft Rd, Teaneck, NJ, 07666 uses $222,042 cash to close to unlock $6,357/yr annual cash flow and $530/mo monthly cash flow. Total monthly income runs $5,340/mo, and a $3,303/mo payment keeps the spread at $530/mo. Purchase price stands at $674,900, and rental yield measures 9.49% with $5,340/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $186,462 over five years. Five-year ROI reaches 120.21% and total cumulative return in cash records $266,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,340/mo property income covering a $3,303/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: 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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Listed by: Shirley Sosland • Russo Real Estate
Mls Name: NJMLS
Mls ID: #25037785