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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clifton at 160 Riverwalk Way #F051, Clifton, NJ, 07014 generates $3,300/mo in rent, after a $2,442/mo payment. Total monthly income is $3,300/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 7.94% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 94.1% and total cumulative return in cash sums $155,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07014, Clifton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,509 (72.3%) |
| Renter Occupied HU | 499 (23.9%) |
| Vacant Housing Units | 79 ( 3.8%) |
| Median Home Value | $562,347 |
| Average Home Value | $569,687 |
Residential
2,007
Single Family
1,988
Multi-Family
19
Businesses
310
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melissa Gonzales • Signature Realty NJ LLC - Westfield
Mls Name: NJMLS
Mls ID: #25042082
