18-15 Jordan RdFair LawnNJ07410
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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 Fair Lawn at 18-15 Jordan Rd, Fair Lawn, NJ, 07410 priced at $1,318,000 converts $6,499/mo rent into after a $6,451/mo obligation. Total monthly income equals $6,499/mo. Return on cash invested prints 12.23% in year one, and rental yield reads 5.92% against a $1,318,000 entry. Equity gained on principal adds $8,505/yr, while 5% annual appreciation compiles into $364,139 by year five. Five-year ROI reaches 62.85% and total cumulative return in cash sums $268,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,499/mo property income covering a $6,451/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07410, Fair Lawn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,957 (100%) |
| Owner Occupied HU | 9,687 (74.8%) |
| Renter Occupied HU | 2,888 (22.3%) |
| Vacant Housing Units | 382 ( 2.9%) |
| Median Home Value | $602,198 |
| Average Home Value | $624,617 |
Housing Distribution
Address Breakdown
Residential
12,541
Single Family
12,140
Multi-Family
401
Businesses
1,187
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Listed by: JILL K BIGGS • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250008921
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.