








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,911/mo, and a $3,274/mo payment. Purchase price stands at $669,000, and rental yield measures 5.22% with $2,911/mo rent. Return on cash invested shows 9.94% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 50.55% and total cumulative return in cash records $111,267. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
2,475 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07501, Paterson, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,931 (100%) |
| Owner Occupied HU | 1,962 (14.1%) |
| Renter Occupied HU | 11,210 (80.5%) |
| Vacant Housing Units | 759 ( 5.4%) |
| Median Home Value | $310,593 |
| Average Home Value | $356,377 |
Residential
11,958
Single Family
8,340
Multi-Family
3,618
Businesses
921
Date | Event | Price |
|---|---|---|
| 2024-12-08 | Listed for sale | $669,000 |
| 2020-03-19 | Sold | $225,000 |
| 2018-05-01 | Sold | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | N/A | N/A | $216,900 | N/A |
| 2023-02-18 | $10448.07 | 7.62% | $216,900 | N/A |
| 2022-02-18 | $9708.44 | N/A | $216,900 | N/A |



Listed by: Vivian Labanino • NEW VIEW REALTY
Mls Name: HCMLS
Mls ID: #240023506
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.