152 Claremont AveSaddle BrookNJ07663
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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 Saddle Brook at 152 Claremont Ave, Saddle Brook, NJ, 07663 priced at $889,000 pairs $4,590/mo rent with after a $4,351/mo payment. Total monthly income equals $4,590/mo. Return on cash invested is 12.89% in year one, and rental yield stands at 6.2% on a $889,000 basis. Equity gained on principal adds $5,737/yr, and 5% annual appreciation accumulates to $245,614 by year five. Five-year ROI measures 66.44% and total cumulative return in cash reaches $194,318. For financing, Ziffy Mortgage’s DSCR program evaluates $4,590/mo property income against a $4,351/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07663, Saddle Brook, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,838 (68.1%) |
| Renter Occupied HU | 1,572 (27.9%) |
| Vacant Housing Units | 229 ( 4.1%) |
| Median Home Value | $557,284 |
| Average Home Value | $556,459 |
Housing Distribution
Address Breakdown
Residential
5,401
Single Family
5,171
Multi-Family
230
Businesses
755
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Listed by: Peter Kopec • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4004842