22 Elm StTenaflyNJ07670
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 22 Elm St, Tenafly, NJ, 07670 in Tenafly achieves 1.52, rent of $6,173/mo covers the $4,056/mo payment 1.5x over at $902,000. Rental yield 8.21%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $249,206 over five years, with $8,308/yr in principal reduction bringing total projected return to $329,229.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(257) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,173 |
| Total Monthly Debt Service | $6,070 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07670, Tenafly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 3,825 (74.3%) |
| Renter Occupied HU | 1,083 (21.0%) |
| Vacant Housing Units | 240 ( 4.7%) |
| Median Home Value | $981,899 |
| Average Home Value | $1,176,120 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,004
Multi-Family
68
Businesses
547
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
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07670, Tenafly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 3,825 (74.3%) |
| Renter Occupied HU | 1,083 (21.0%) |
| Vacant Housing Units | 240 ( 4.7%) |
| Median Home Value | $981,899 |
| Average Home Value | $1,176,120 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,004
Multi-Family
68
Businesses
547
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls Provider:
Mls ID: #4047503