175 Rochelle Ave UNIT 222Rochelle 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
Rental property for sale in Rochelle Park at 175 Rochelle Ave UNIT 222, Rochelle Park, NJ, 07662 generates $3,299/mo in rent and, after a $2,202/mo payment, leaves $92/mo in cash flow. Total monthly income is $3,299/mo, and annual cash flow is $1,107/yr on $149,142 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 8.8% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 108.07% and total cumulative return in cash sums $161,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,299/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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 International Real Estate Group-Franklin Lakes
Mls Name: NJMLS
Mls ID: #25028337