1612 Faulkner CtMahwahNJ07430
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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 Mahwah at 1612 Faulkner Ct, Mahwah, NJ, 07430 offers a 9.93% rental yield on a $359,000 purchase with $2,970/mo rent. Total monthly income registers $2,970/mo, and a $1,757/mo payment leaves $411/mo available for distribution. Annual cash flow reaches $4,935/yr on $119,009 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 126.34% and total cumulative return in cash at $150,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,970/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07430, Mahwah, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,082 (100%) |
| Owner Occupied HU | 7,812 (77.5%) |
| Renter Occupied HU | 1,912 (19.0%) |
| Vacant Housing Units | 358 ( 3.6%) |
| Median Home Value | $716,854 |
| Average Home Value | $791,668 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,025
Multi-Family
1,100
Businesses
752
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Listed by: Tony Nabhan • Keller Williams City Views Realty
Mls Name: NJMLS
Mls ID: #25044150