164 Diamond Bridge Ave #18HawthorneNJ07506
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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
Rental property for sale in Hawthorne at 164 Diamond Bridge Ave #18, Hawthorne, NJ, 07506 generates $2,779/mo in rent and, after a $1,542/mo payment, leaves $534/mo in cash flow. Total monthly income is $2,779/mo, and annual cash flow is $6,402/yr on $104,423 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 10.59% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 136.96% and total cumulative return in cash sums $143,021. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,779/mo property income rather than buyer’s personal income.
Condo
Built in 1980
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: Nicholas Airey • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3994764