15 Stone AveElmwood ParkNJ07407
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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 Elmwood Park at 15 Stone Ave, Elmwood Park, NJ, 07407 priced at $329,800 pairs $6,307/mo rent with $3,685/mo cash flow after a $1,614/mo payment. Total monthly income equals $6,307/mo, and annual cash flow comes to $44,216/yr on $109,329 invested. Return on cash invested is 60.35% in year one, and rental yield stands at 22.95% on a $329,800 basis. Equity gained on principal adds $2,128/yr, and 5% annual appreciation accumulates to $91,118 by year five. Five-year ROI measures 322.03% and total cumulative return in cash reaches $352,076. For financing, Ziffy Mortgage’s DSCR program evaluates $6,307/mo property income against a $1,614/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
8,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07407, Elmwood Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,237 (100%) |
| Owner Occupied HU | 4,582 (55.6%) |
| Renter Occupied HU | 3,162 (38.4%) |
| Vacant Housing Units | 493 ( 6.0%) |
| Median Home Value | $514,801 |
| Average Home Value | $515,318 |
Housing Distribution
Address Breakdown
Residential
7,411
Single Family
7,283
Multi-Family
128
Businesses
614
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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