20 Northwood AveDemarestNJ07627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Demarest at 20 Northwood Ave, Demarest, NJ, 07627 generates $14,400/mo in rent and, after a $6,362/mo payment, leaves $5,135/mo in cash flow. Total monthly income is $14,400/mo, and annual cash flow is $61,619/yr on $421,164 invested. Return on cash invested sits at 35% in year one, and rental yield is 13.29% on a $1,299,888 entry. Equity gained on principal adds $8,388/yr, while 5% annual appreciation builds toward $359,135 over five years. Five-year ROI reaches 184.93% and total cumulative return in cash sums $778,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $14,400/mo property income rather than buyer’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: 07627, Demarest, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,526 (87.0%) |
| Renter Occupied HU | 145 ( 8.3%) |
| Vacant Housing Units | 83 ( 4.7%) |
| Median Home Value | $967,949 |
| Average Home Value | $1,174,869 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gail Zaccaro • Prominent Properties Sotheby's International Realty-Tenafly
Mls Name: NJMLS
Mls ID: #25033250