157 Van Riper AveCliftonNJ07011
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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 Clifton at 157 Van Riper Ave, Clifton, NJ, 07011 with 5% annual appreciation on a $599,000 basis while $3,524/mo rent supports operations. 52% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 7.06%. Five-year ROI measures 80.52% and total cumulative return in cash totals $158,686. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,524/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1925
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07011, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,190 (100%) |
| Owner Occupied HU | 6,485 (45.7%) |
| Renter Occupied HU | 7,237 (51.0%) |
| Vacant Housing Units | 468 ( 3.3%) |
| Median Home Value | $464,178 |
| Average Home Value | $491,731 |
Housing Distribution
Address Breakdown
Residential
12,632
Single Family
11,206
Multi-Family
1,426
Businesses
1,193
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Listed by: Mary Beckwith • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #4006291