23 Gabriel Ct #23ParamusNJ07652
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
Investment Highlights
Investment property for sale in Paramus at 23 Gabriel Ct #23, Paramus, NJ, 07652 earns from $5,100/mo rent with a $5,751/mo payment. Total monthly income totals $5,100/mo. ROI tracks 10.05% on current figures, and rental yield reads 5.21% at a $1,175,000 purchase. Equity gained on principal adds $7,582/yr, and 5% annual appreciation supports $324,631 over five years. Five-year ROI reaches 51.11% and total cumulative return in cash sums $194,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,100/mo property income instead of your personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07652, Paramus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 7,412 (82.9%) |
| Renter Occupied HU | 1,210 (13.5%) |
| Vacant Housing Units | 321 ( 3.6%) |
| Median Home Value | $780,552 |
| Average Home Value | $844,403 |
Housing Distribution
Address Breakdown
Residential
8,961
Single Family
8,573
Multi-Family
388
Businesses
1,823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor Lucyk • Christie's International Real Estate Group-Paramus
Mls Name: NJMLS
Mls ID: #25038558