226 Riverwalk WayCliftonNJ07014
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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 Clifton at 226 Riverwalk Way, Clifton, NJ, 07014 uses $184,240 cash to close to unlock $1,108/yr annual cash flow and $92/mo monthly cash flow. Total monthly income runs $4,084/mo, and a $2,741/mo payment keeps the spread at $92/mo. Purchase price stands at $560,000, and rental yield measures 8.75% with $4,084/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 108.1% and total cumulative return in cash records $199,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,084/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07014, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,509 (72.3%) |
| Renter Occupied HU | 499 (23.9%) |
| Vacant Housing Units | 79 ( 3.8%) |
| Median Home Value | $562,347 |
| Average Home Value | $569,687 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,988
Multi-Family
19
Businesses
310
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Listed by: ANTHONY PACKWOOD • ENGEL & VOLKERS HOBOKEN
Mls Name: HCMLS
Mls ID: #260000650