170 Hickory AveTenaflyNJ07670
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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 Tenafly at 170 Hickory Ave, Tenafly, NJ, 07670 offers a 4.94% rental yield on a $1,079,000 purchase with $4,440/mo rent. 21% in year one. Equity gained on principal adds $6,963/yr while 5% annual appreciation supports $298,108 over five years. Portfolio math shows five-year ROI at 46.65% and total cumulative return in cash at $163,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,440/mo property income against a $5,281/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07670, Tenafly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 3,825 (74.3%) |
| Renter Occupied HU | 1,083 (21.0%) |
| Vacant Housing Units | 240 ( 4.7%) |
| Median Home Value | $981,899 |
| Average Home Value | $1,176,120 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,004
Multi-Family
68
Businesses
547
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Listed by: Angela Ferullo • Christie's International Real Estate Group-Closter
Mls Name: NJMLS
Mls ID: #25042847