151 E Palisade Ave APT C4EnglewoodNJ07631
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 151 E Palisade Ave APT C4, Englewood, NJ, 07631 in Englewood: $3,864/mo in rent, $653/mo net, 12.43% gross yield, all on a $373,000 acquisition. The 2.30 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $103,053 in value, and $3,435/yr in principal paydown steadily builds equity. Projected total cumulative return: $187,403.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $653 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,864 |
| Total Monthly Debt Service | $3,062 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
$552 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07631, Englewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 5,837 (48.3%) |
| Renter Occupied HU | 5,566 (46.0%) |
| Vacant Housing Units | 691 ( 5.7%) |
| Median Home Value | $614,057 |
| Average Home Value | $827,058 |
Housing Distribution
Address Breakdown
Residential
11,142
Single Family
8,695
Multi-Family
2,447
Businesses
1,492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$552 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07631, Englewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 5,837 (48.3%) |
| Renter Occupied HU | 5,566 (46.0%) |
| Vacant Housing Units | 691 ( 5.7%) |
| Median Home Value | $614,057 |
| Average Home Value | $827,058 |
Housing Distribution
Address Breakdown
Residential
11,142
Single Family
8,695
Multi-Family
2,447
Businesses
1,492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices