230 Grant AveCliffside 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
Rental property for sale in Cliffside Park at 230 Grant Ave, Cliffside Park, NJ, 07010 offers $4,868/mo rent that, after a $6,353/mo payment. Total monthly income is $4,868/mo. Return on cash invested measures 7.86% in year one, and rental yield stands at 4.5% at a $1,298,000 entry. Equity gained on principal adds $8,376/yr while 5% annual appreciation compounds into $358,613 by year five. Five-year ROI records 39.4% and total cumulative return in cash reaches $165,707. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,868/mo property income versus a $6,353/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A 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: ANNE HUBER • SERHANT NEW JERSEY LLC
Mls Name: HCMLS
Mls ID: #250024019