159 2nd AveHawthorneNJ07506
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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 Hawthorne at 159 2nd Ave, Hawthorne, NJ, 07506 offers a 4.68% rental yield on a $799,900 purchase with $3,120/mo rent. 29% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $220,998 over five years. Portfolio math shows five-year ROI at 41.74% and total cumulative return in cash at $109,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $3,915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07506, Hawthorne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,095 (100%) |
| Owner Occupied HU | 4,946 (61.1%) |
| Renter Occupied HU | 2,799 (34.6%) |
| Vacant Housing Units | 350 ( 4.3%) |
| Median Home Value | $569,598 |
| Average Home Value | $571,478 |
Housing Distribution
Address Breakdown
Residential
7,630
Single Family
7,314
Multi-Family
316
Businesses
571
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Listed by: Joel Pujols • Coldwell Banker Garden State
Mls Name: NJMLS
Mls ID: #26002005