16 Plaza Rd APT 1602AFair LawnNJ07410
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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 Fair Lawn at 16 Plaza Rd APT 1602A, Fair Lawn, NJ, 07410 listed at $359,000 pairs $3,884/mo rent with a $1,757/mo payment to leave $1,325/mo cash flow. Total monthly income runs $3,884/mo, and annual cash flow reaches $15,903/yr on $119,009 cash to close. Return on cash invested measures 33.27% in year one, and rental yield registers 12.98% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 175.76% and total cumulative return in cash totals $209,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,884/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07410, Fair Lawn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,957 (100%) |
| Owner Occupied HU | 9,687 (74.8%) |
| Renter Occupied HU | 2,888 (22.3%) |
| Vacant Housing Units | 382 ( 2.9%) |
| Median Home Value | $602,198 |
| Average Home Value | $624,617 |
Housing Distribution
Address Breakdown
Residential
12,541
Single Family
12,140
Multi-Family
401
Businesses
1,187
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Listed by: Zohar Zamir • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #25031263