1512 Faulkner CtMahwahNJ07430
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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 1512 Faulkner Ct, Mahwah, NJ, 07430 listed at $320,000 pairs $2,333/mo rent with a $1,566/mo payment to leave $52/mo cash flow. Total monthly income runs $2,333/mo, and annual cash flow reaches $628/yr on $106,080 cash to close. Return on cash invested measures 20.5% in year one, and rental yield registers 8.75% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 107.28% and total cumulative return in cash totals $113,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,333/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A 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: Lynda Hester-dorio • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3985940