186 Canterbury AveNorth ArlingtonNJ07031
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 186 Canterbury Ave, North Arlington, NJ, 07031 in North Arlington is the 1.51 coverage ratio: rent of $4,942/mo versus a $3,278/mo debt payment on a $729,000 property. Rental yield 8.13%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $201,409 by year five, with $6,714/yr in equity from paydown. Total projected cumulative return: $263,037.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(255) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,942 |
| Total Monthly Debt Service | $4,906 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07031, North Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,802 (100%) |
| Owner Occupied HU | 3,542 (52.1%) |
| Renter Occupied HU | 3,036 (44.6%) |
| Vacant Housing Units | 224 ( 3.3%) |
| Median Home Value | $550,000 |
| Average Home Value | $571,886 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,662
Multi-Family
484
Businesses
407
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
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07031, North Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,802 (100%) |
| Owner Occupied HU | 3,542 (52.1%) |
| Renter Occupied HU | 3,036 (44.6%) |
| Vacant Housing Units | 224 ( 3.3%) |
| Median Home Value | $550,000 |
| Average Home Value | $571,886 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,662
Multi-Family
484
Businesses
407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MAGGIE ABDO-MANNO • CENTURY 21 SEMIAO & ASSOCIATES
Mls Name: HCMLS
Mls ID: #250025027