1406 Whitney Ln #1406AllendaleNJ07401
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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 Allendale at 1406 Whitney Ln #1406, Allendale, NJ, 07401 listed at $715,000 pairs $3,953/mo rent with a $3,500/mo payment. Total monthly income runs $3,953/mo. Return on cash invested measures 14.23% in year one, and rental yield registers 6.63% at a $715,000 basis. Equity gained on principal adds $4,614/yr, and annual property appreciation at 5% supports $197,541 by year five. Five-year ROI tracks 73.58% and total cumulative return in cash totals $173,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,953/mo property income relative to a $3,500/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07401, Allendale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,486 (100%) |
| Owner Occupied HU | 2,029 (81.6%) |
| Renter Occupied HU | 321 (12.9%) |
| Vacant Housing Units | 136 ( 5.5%) |
| Median Home Value | $904,018 |
| Average Home Value | $998,549 |
Housing Distribution
Address Breakdown
Residential
2,371
Single Family
2,346
Multi-Family
25
Businesses
288
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Listed by: Maureen Sgambati • Terrie O'Connor Realtors-Saddle River
Mls Name: NJMLS
Mls ID: #25032293