17 Wilson StSouth HackensackNJ07606
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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 South Hackensack at 17 Wilson St, South Hackensack, NJ, 07606 priced at $760,000 converts $3,151/mo rent into after a $3,720/mo obligation. Total monthly income equals $3,151/mo. Return on cash invested prints 9.18% in year one, and rental yield reads 4.98% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 46.53% and total cumulative return in cash sums $116,353. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,151/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Multi Family
Built in 1955
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07606, South Hackensack, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 895 (100%) |
| Owner Occupied HU | 416 (46.5%) |
| Renter Occupied HU | 462 (51.6%) |
| Vacant Housing Units | 17 ( 1.9%) |
| Median Home Value | $609,606 |
| Average Home Value | $613,648 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
455
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Listed by: Nancy C. Polio • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #3983957