19 William StMontclairNJ07042
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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 Montclair at 19 William St, Montclair, NJ, 07042 generates $5,015/mo in rent and, after a $2,442/mo payment, leaves $1,459/mo in cash flow. Total monthly income is $5,015/mo, and annual cash flow is $17,503/yr on $165,419 invested. Return on cash invested sits at 30.49% in year one, and rental yield is 12.06% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 160.82% and total cumulative return in cash sums $266,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,015/mo property income rather than buyer’s personal income.
Multi Family
Built in 1865
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07042, Montclair, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,932 (100%) |
| Owner Occupied HU | 5,166 (43.3%) |
| Renter Occupied HU | 6,248 (52.4%) |
| Vacant Housing Units | 518 ( 4.3%) |
| Median Home Value | $820,298 |
| Average Home Value | $907,117 |
Housing Distribution
Address Breakdown
Residential
11,323
Single Family
7,828
Multi-Family
3,495
Businesses
1,455
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Listed by: Regina Sheeran • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3989696