21 Cedar StCresskillNJ07626
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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
Rental property for sale in Cresskill at 21 Cedar St, Cresskill, NJ, 07626 priced at $1,575,000 pairs $5,079/mo rent with after a $7,709/mo payment. Total monthly income equals $5,079/mo. Return on cash invested is 5.91% in year one, and rental yield stands at 3.87% on a $1,575,000 basis. Equity gained on principal adds $10,163/yr, and 5% annual appreciation accumulates to $435,143 by year five. Five-year ROI measures 28.96% and total cumulative return in cash reaches $147,758. For financing, Ziffy Mortgage’s DSCR program evaluates $5,079/mo property income against a $7,709/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07626, Cresskill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,118 (100%) |
| Owner Occupied HU | 2,350 (75.4%) |
| Renter Occupied HU | 634 (20.3%) |
| Vacant Housing Units | 134 ( 4.3%) |
| Median Home Value | $795,152 |
| Average Home Value | $895,836 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
2,925
Multi-Family
153
Businesses
269
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Listed by: Robert Johnson • EXP Realty, LLC
Mls Name: NJMLS
Mls ID: #25029890