181 High StNorthvaleNJ07647
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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
Rental property for sale in Northvale at 181 High St, Northvale, NJ, 07647 priced at $577,000 converts $4,800/mo rent into $687/mo cash flow after a $2,824/mo obligation. Total monthly income equals $4,800/mo, and annual cash flow totals $8,248/yr on $189,833 invested. Return on cash invested prints 24.41% in year one, and rental yield reads 9.98% against a $577,000 entry. Equity gained on principal adds $3,723/yr, while 5% annual appreciation compiles into $159,414 by year five. Five-year ROI reaches 128.17% and total cumulative return in cash sums $243,315. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,800/mo property income covering a $2,824/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07647, Northvale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,764 (100%) |
| Owner Occupied HU | 1,334 (75.6%) |
| Renter Occupied HU | 358 (20.3%) |
| Vacant Housing Units | 72 ( 4.1%) |
| Median Home Value | $650,000 |
| Average Home Value | $743,512 |
Housing Distribution
Address Breakdown
Residential
1,823
Single Family
1,780
Multi-Family
43
Businesses
353
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Listed by: Laura Latrenta • Weichert Realtors, Tenafly-Cresskill
Mls Name: NJMLS
Mls ID: #25025044