222 Haledon Ave, Haledon, NJ, 07508 | $240/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Haledon at 222 Haledon Ave, Haledon, NJ, 07508 priced at $599,900 pairs $4,516/mo rent with $240/mo cash flow after a $2,936/mo payment. Total monthly income equals $4,516/mo, and annual cash flow comes to $2,883/yr on $197,367 invested. Return on cash invested is 21.52% in year one, and rental yield stands at 9.03% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 112.71% and total cumulative return in cash reaches $222,448. For financing, Ziffy Mortgage’s DSCR program evaluates $4,516/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1910

3,484 sqft lot

$N/A/sqft

No HOA

More details about the property

Don't miss this well-maintained mixed-use property featuring an approximately 1,300 / 1,400 sq ft commercial space on the first floor, currently operating as a dental office, featuring three built-out rooms, lab, storage rooms, 1 full bath and 2 half baths, and central air throughout. The unit will be delivered vacant ready for your own business or a new tenant. Upstairs you'll find a spacious 3-bedroom, 1-bath residential unit, ideal for rental income or owner occupancy. The property also offers a full walk-up attic with potential for expansion, a walkout basement, and private parking for up to 4 vehicles. Located in the heart of Prospect Park Borough , the property is a short walk from local shops, eateries, and transportation. An excellent investment or live/work opportunity with flexible use potential .

Neighborhood Data

Neighborhood data shown for ZIP Code: 07508, Haledon, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,801 (100%)
Owner Occupied HU	5,265 (59.8%)
Renter Occupied HU	3,145 (35.7%)
Vacant Housing Units	391 ( 4.4%)
Median Home Value	$526,607
Average Home Value	$568,689