2 Overbrook PlHillsdaleNJ07642
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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
Total monthly income runs $3,900/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 5.21% with $3,900/mo rent. Return on cash invested shows 9.89% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 50.3% and total cumulative return in cash records $148,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07642, Hillsdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,693 (100%) |
| Owner Occupied HU | 3,152 (85.4%) |
| Renter Occupied HU | 406 (11.0%) |
| Vacant Housing Units | 135 ( 3.7%) |
| Median Home Value | $691,014 |
| Average Home Value | $727,760 |
Housing Distribution
Address Breakdown
Residential
3,662
Single Family
3,508
Multi-Family
154
Businesses
267
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Listed by: Jenny Viteritti • Prominent Properties Sotheby's International Realty-Alpine
Mls Name: NJMLS
Mls ID: #26001332