234 N Haledon AveNorth HaledonNJ07508
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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 North Haledon at 234 N Haledon Ave, North Haledon, NJ, 07508 offers a 8.69% rental yield on a $679,000 purchase with $4,918/mo rent. Total monthly income registers $4,918/mo, and a $3,323/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $943/yr on $223,391 to close, and return on cash invested stands at 20.48% in year one. Equity gained on principal adds $4,381/yr while 5% annual appreciation supports $187,595 over five years. Portfolio math shows five-year ROI at 107.13% and total cumulative return in cash at $239,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,918/mo property income against a $3,323/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07508, Haledon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,265 (59.8%) |
| Renter Occupied HU | 3,145 (35.7%) |
| Vacant Housing Units | 391 ( 4.4%) |
| Median Home Value | $526,607 |
| Average Home Value | $568,689 |
Housing Distribution
Address Breakdown
Residential
7,680
Single Family
7,556
Multi-Family
124
Businesses
436
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Listed by: Timothy Taffin • Re/Max Select
Mls Name: GSMLS
Mls ID: #3978252