214 William StHarrisonNJ07029
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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 Harrison at 214 William St, Harrison, NJ, 07029 offers $3,156/mo rent that, after a $4,527/mo payment. Total monthly income is $3,156/mo. Return on cash invested measures 6.51% in year one, and rental yield stands at 4.09% at a $925,000 entry. Equity gained on principal adds $5,969/yr while 5% annual appreciation compounds into $255,560 by year five. Five-year ROI records 32.2% and total cumulative return in cash reaches $97,981. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,156/mo property income versus a $4,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07029, Harrison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,464 (100%) |
| Owner Occupied HU | 1,654 (15.8%) |
| Renter Occupied HU | 8,195 (78.3%) |
| Vacant Housing Units | 615 ( 5.9%) |
| Median Home Value | $491,343 |
| Average Home Value | $506,478 |
Housing Distribution
Address Breakdown
Residential
9,739
Single Family
5,824
Multi-Family
3,915
Businesses
477
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Listed by: Yan Xiao • Keller Williams Park Views
Mls Name: NJMLS
Mls ID: #26003490