221 Desoto PlCliffside ParkNJ07010
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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
Investment property for sale in Cliffside Park at 221 Desoto Pl, Cliffside Park, NJ, 07010 at $699,000 posts ROI 36.98% with $3,242/mo cash flow from $8,224/mo rent. Total monthly income equals $8,224/mo, and annual cash flow records $38,903/yr on $229,971 to close. Return on cash invested measures 36.98% and rental yield reads 14.12% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 195.57% and total cumulative return in cash totals $449,750.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07010, Cliffside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,714 (100%) |
| Owner Occupied HU | 5,167 (44.1%) |
| Renter Occupied HU | 5,852 (50.0%) |
| Vacant Housing Units | 695 ( 5.9%) |
| Median Home Value | $656,045 |
| Average Home Value | $719,669 |
Housing Distribution
Address Breakdown
Residential
10,851
Single Family
5,006
Multi-Family
5,845
Businesses
572
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Listed by: Mayra Cabrera Pardo • KELLER WILLIAMS CITY VIEWS
Mls Name: HCMLS
Mls ID: #240009984
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.