257 Floral SaddleRochelle ParkNJ07662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rochelle Park at 257 Floral Saddle, Rochelle Park, NJ, 07662 priced at $575,000 pairs $2,868/mo rent with after a $2,814/mo payment. Total monthly income equals $2,868/mo. Return on cash invested is 12.26% in year one, and rental yield stands at 5.99% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 63.01% and total cumulative return in cash reaches $119,195. For financing, Ziffy Mortgage’s DSCR program evaluates $2,868/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07662, Rochelle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,731 (69.7%) |
| Renter Occupied HU | 572 (23.0%) |
| Vacant Housing Units | 181 ( 7.3%) |
| Median Home Value | $541,667 |
| Average Home Value | $534,063 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,108
Multi-Family
109
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Dalia • Keller Williams Prosperity Realty
Mls Name: NJMLS
Mls ID: #26001478