153 Morris AveEnglewoodNJ07631
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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 Englewood at 153 Morris Ave, Englewood, NJ, 07631 with 5% annual appreciation on a $512,000 basis while $3,600/mo rent supports operations. 71% in year one. Equity gained on principal adds $3,304/yr, and five-year appreciation sums $141,456 alongside rental yield of 8.44%. Five-year ROI measures 102.97% and total cumulative return in cash totals $173,455. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $2,506/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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
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Listed by: Youngmi Bailey • Coldwell Banker, Alpine/Closter
Mls Name: NJMLS
Mls ID: #25030032