233 Lasalle AveHasbrouck HeightsNJ07604
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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 Hasbrouck Heights at 233 Lasalle Ave, Hasbrouck Heights, NJ, 07604 priced at $759,000 pairs $6,000/mo rent with $590/mo cash flow after a $3,715/mo payment. Total monthly income equals $6,000/mo, and annual cash flow comes to $7,079/yr on $249,711 invested. Return on cash invested is 22.9% in year one, and rental yield stands at 9.49% on a $759,000 basis. Equity gained on principal adds $4,898/yr, and 5% annual appreciation accumulates to $209,698 by year five. Five-year ROI measures 120.05% and total cumulative return in cash reaches $299,783. For financing, Ziffy Mortgage’s DSCR program evaluates $6,000/mo property income against a $3,715/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07604, Hasbrouck Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,728 (100%) |
| Owner Occupied HU | 3,217 (68.0%) |
| Renter Occupied HU | 1,340 (28.3%) |
| Vacant Housing Units | 171 ( 3.6%) |
| Median Home Value | $598,854 |
| Average Home Value | $643,924 |
Housing Distribution
Address Breakdown
Residential
4,549
Single Family
4,214
Multi-Family
335
Businesses
531
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Listed by: Crystal Burns • Prominent Properties Sotheby's International Realty-Englewood Cliffs
Mls Name: NJMLS
Mls ID: #25040570