230 Lafayette Pl APT 2CEnglewoodNJ07631
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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 Englewood at 230 Lafayette Pl APT 2C, Englewood, NJ, 07631 earns from $2,225/mo rent with a $1,561/mo payment. Total monthly income totals $2,225/mo. ROI tracks 19.36% on current figures, and rental yield reads 8.37% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 101.13% and total cumulative return in cash sums $106,945. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,225/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: 07631, Englewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 5,837 (48.3%) |
| Renter Occupied HU | 5,566 (46.0%) |
| Vacant Housing Units | 691 ( 5.7%) |
| Median Home Value | $614,057 |
| Average Home Value | $827,058 |
Housing Distribution
Address Breakdown
Residential
11,142
Single Family
8,695
Multi-Family
2,447
Businesses
1,492
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Listed by: Ronnie Glomb • List for 1 Percent Realty
Mls Name: NJMLS
Mls ID: #25035019