251 McCosh RdCliftonNJ07043
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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 Clifton at 251 McCosh Rd, Clifton, NJ, 07043 with 5% annual appreciation on a $849,000 basis while $8,400/mo rent supports operations. Total monthly income totals $8,400/mo and a $4,155/mo payment preserves $2,349/mo for cash returns. Annual cash flow comes to $28,187/yr on $279,321 deployed, and return on cash invested reaches 30.15% in year one. Equity gained on principal adds $5,478/yr, and five-year appreciation sums $234,563 alongside rental yield of 11.87%. Five-year ROI measures 158.96% and total cumulative return in cash totals $444,020.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,400/mo property income versus a $4,155/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07043, Montclair, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,324 (100%) |
| Owner Occupied HU | 3,623 (83.8%) |
| Renter Occupied HU | 619 (14.3%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $950,083 |
| Average Home Value | $1,087,204 |
Housing Distribution
Address Breakdown
Residential
4,340
Single Family
4,027
Multi-Family
313
Businesses
488
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Listed by: David Murawinski • Weichert Realtors, Montclair
Mls Name: NJMLS
Mls ID: #25028123