133 Morristown PlParamusNJ07652
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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 Paramus at 133 Morristown Pl, Paramus, NJ, 07652 offers $4,990/mo rent that, after a $6,847/mo payment. Total monthly income is $4,990/mo. Return on cash invested measures 7.18% in year one, and rental yield stands at 4.28% at a $1,399,000 entry. Equity gained on principal adds $9,028/yr while 5% annual appreciation compounds into $386,518 by year five. Five-year ROI records 35.76% and total cumulative return in cash reaches $162,077. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,990/mo property income versus a $6,847/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07652, Paramus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 7,412 (82.9%) |
| Renter Occupied HU | 1,210 (13.5%) |
| Vacant Housing Units | 321 ( 3.6%) |
| Median Home Value | $780,552 |
| Average Home Value | $844,403 |
Housing Distribution
Address Breakdown
Residential
8,961
Single Family
8,573
Multi-Family
388
Businesses
1,823
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Listed by: Dalia Yomtobian • Terrie O'Connor Realtors-Ridgewood
Mls Name: NJMLS
Mls ID: #25039334