181 5th StCresskillNJ07626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cresskill at 181 5th St, Cresskill, NJ, 07626 uses $213,521 cash to close to unlock $13,243/yr annual cash flow and $1,104/mo monthly cash flow. Total monthly income runs $5,730/mo, and a $3,177/mo payment keeps the spread at $1,104/mo. Purchase price stands at $649,000, and rental yield measures 10.59% with $5,730/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 138.12% and total cumulative return in cash records $294,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,730/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07626, Cresskill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,118 (100%) |
| Owner Occupied HU | 2,350 (75.4%) |
| Renter Occupied HU | 634 (20.3%) |
| Vacant Housing Units | 134 ( 4.3%) |
| Median Home Value | $795,152 |
| Average Home Value | $895,836 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
2,925
Multi-Family
153
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Li • Coldwell Banker, Fort Lee
Mls Name: NJMLS
Mls ID: #25038531