1499 Cornwall Rd BLDG 1499 #1499MahwahNJ07430
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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 Mahwah at 1499 Cornwall Rd BLDG 1499 #1499, Mahwah, NJ, 07430 earns from $3,480/mo rent with a $2,936/mo payment. Total monthly income totals $3,480/mo. ROI tracks 15.22% on current figures, and rental yield reads 6.96% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 78.93% and total cumulative return in cash sums $155,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,480/mo property income instead of your personal income.
Townhouse
Built in 1991
958.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07430, Mahwah, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,082 (100%) |
| Owner Occupied HU | 7,812 (77.5%) |
| Renter Occupied HU | 1,912 (19.0%) |
| Vacant Housing Units | 358 ( 3.6%) |
| Median Home Value | $716,854 |
| Average Home Value | $791,668 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,025
Multi-Family
1,100
Businesses
752
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Listed by: Lynne Wexler • Terrie O'connor Realtors
Mls Name: GSMLS
Mls ID: #4000421