16-3 Tamaron DrWaldwickNJ07463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waldwick at 16-3 Tamaron Dr, Waldwick, NJ, 07463 offers $2,754/mo rent that, after a $2,691/mo payment. Total monthly income is $2,754/mo. Return on cash invested measures 12.33% in year one, and rental yield stands at 6.01% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 63.4% and total cumulative return in cash reaches $114,710. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,754/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07463, Waldwick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 3,067 (83.6%) |
| Renter Occupied HU | 492 (13.4%) |
| Vacant Housing Units | 108 ( 2.9%) |
| Median Home Value | $620,486 |
| Average Home Value | $631,496 |
Housing Distribution
Address Breakdown
Residential
3,666
Single Family
3,540
Multi-Family
126
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaimie Yannalfo • Keller Williams Village Square
Mls Name: GSMLS
Mls ID: #4001372