2 S Highwood AveGlen RockNJ07452
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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 Glen Rock at 2 S Highwood Ave, Glen Rock, NJ, 07452 offers a 9.14% rental yield on a $629,900 purchase with $4,800/mo rent. Total monthly income registers $4,800/mo, and a $3,083/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,723/yr on $207,237 to close, and return on cash invested stands at 21.86% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Portfolio math shows five-year ROI at 114.51% and total cumulative return in cash at $237,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,800/mo property income against a $3,083/mo payment rather than investor’s personal income documents like 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: 07452, Glen Rock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,984 (100%) |
| Owner Occupied HU | 3,605 (90.5%) |
| Renter Occupied HU | 280 ( 7.0%) |
| Vacant Housing Units | 99 ( 2.5%) |
| Median Home Value | $837,211 |
| Average Home Value | $884,555 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,924
Multi-Family
98
Businesses
450
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Listed by: Dalia Yomtobian • Terrie O'Connor Realtors-Ridgewood
Mls Name: NJMLS
Mls ID: #25037469