2 Passaic AveHasbrouck HeightsNJ07604
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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
Investment property for sale in Hasbrouck Heights at 2 Passaic Ave, Hasbrouck Heights, NJ, 07604 at $699,500 posts ROI 7.47% with from $2,572/mo rent. Total monthly income equals $2,572/mo. Return on cash invested measures 7.47% and rental yield reads 4.41% at the current $699,500. Equity gained on principal adds $4,514/yr, and 5% annual appreciation supports $193,259 by year five. Five-year ROI prints 37.35% and total cumulative return in cash totals $85,959. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,572/mo property income rather than your personal income records (W2s, Paystubs, 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: 07604, Hasbrouck Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,728 (100%) |
| Owner Occupied HU | 3,217 (68.0%) |
| Renter Occupied HU | 1,340 (28.3%) |
| Vacant Housing Units | 171 ( 3.6%) |
| Median Home Value | $598,854 |
| Average Home Value | $643,924 |
Housing Distribution
Address Breakdown
Residential
4,549
Single Family
4,214
Multi-Family
335
Businesses
531
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Listed by: Nertila Bakollari • Keller Williams Prosperity Realty
Mls Name: NJMLS
Mls ID: #25039833