17 Viola AveCliftonNJ07011
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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 Clifton at 17 Viola Ave, Clifton, NJ, 07011 with 5% annual appreciation on a $449,900 basis while $3,360/mo rent supports operations. Total monthly income totals $3,360/mo and a $2,202/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,839/yr on $149,142 deployed, and return on cash invested reaches 21.14% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 8.96%. Five-year ROI measures 110.7% and total cumulative return in cash totals $165,106.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,360/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07011, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,190 (100%) |
| Owner Occupied HU | 6,485 (45.7%) |
| Renter Occupied HU | 7,237 (51.0%) |
| Vacant Housing Units | 468 ( 3.3%) |
| Median Home Value | $464,178 |
| Average Home Value | $491,731 |
Housing Distribution
Address Breakdown
Residential
12,632
Single Family
11,206
Multi-Family
1,426
Businesses
1,193
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Listed by: Nicholas Tselepis • Nicholas Real Estate Agency
Mls Name: GSMLS
Mls ID: #4006384