184 Abbe LnCliftonNJ07013
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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 Clifton at 184 Abbe Ln, Clifton, NJ, 07013 priced at $674,900 converts $3,600/mo rent into after a $3,303/mo obligation. Total monthly income equals $3,600/mo. Return on cash invested prints 13.52% in year one, and rental yield reads 6.4% against a $674,900 entry. Equity gained on principal adds $4,355/yr, while 5% annual appreciation compiles into $186,462 by year five. Five-year ROI reaches 69.78% and total cumulative return in cash sums $154,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $3,303/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07013, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,346 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 2,970 (26.2%) |
| Vacant Housing Units | 526 ( 4.6%) |
| Median Home Value | $520,711 |
| Average Home Value | $566,172 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
9,819
Multi-Family
1,107
Businesses
893
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Listed by: Michelle L. Markowski • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3997575