198 John StOradellNJ07649
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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 Oradell at 198 John St, Oradell, NJ, 07649 offers $4,184/mo rent that, after a $6,113/mo payment. Total monthly income is $4,184/mo. Return on cash invested measures 6.38% in year one, and rental yield stands at 4.02% at a $1,249,000 entry. Equity gained on principal adds $8,060/yr while 5% annual appreciation compounds into $345,076 by year five. Five-year ROI records 31.44% and total cumulative return in cash reaches $127,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,184/mo property income versus a $6,113/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07649, Oradell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 2,473 (87.8%) |
| Renter Occupied HU | 281 ( 10.0%) |
| Vacant Housing Units | 62 ( 2.2%) |
| Median Home Value | $757,482 |
| Average Home Value | $848,026 |
Housing Distribution
Address Breakdown
Residential
2,825
Single Family
2,718
Multi-Family
107
Businesses
399
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Listed by: Young Tak • Keller Williams Town Life
Mls Name: NJMLS
Mls ID: #25024261