1508 WhitneyAllendaleNJ07401
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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 1508 Whitney, Allendale, NJ, 07401 uses $243,460 cash to close to unlock $4,756/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $5,671/mo, and a $3,622/mo payment keeps the spread at $396/mo. Purchase price stands at $739,999, and rental yield measures 9.2% with $5,671/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 115.35% and total cumulative return in cash records $280,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,671/mo property income covering a $3,622/mo payment rather than investor’s personal income.
Townhouse
Built in 2015
871.20 sqft 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: Maryanne Elsaesser • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #3986979