175 Rochelle AveRochelle ParkNJ07662
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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 Rochelle Park at 175 Rochelle Ave, Rochelle Park, NJ, 07662 offers a 8.8% rental yield on a $449,900 purchase with $3,299/mo rent. 17% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 85.62% and total cumulative return in cash at $127,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,299/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
1,235 sqft lot
$N/A/sqft
$527 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07662, Rochelle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,731 (69.7%) |
| Renter Occupied HU | 572 (23.0%) |
| Vacant Housing Units | 181 ( 7.3%) |
| Median Home Value | $541,667 |
| Average Home Value | $534,063 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,108
Multi-Family
109
Businesses
439
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Listed by: Christine Rea-briskin • Christie's Int. Real Estate Group
Mls Name: GSMLS
Mls Provider:
Mls ID: #3986839
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