264 Merrison StTeaneckNJ07666
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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 Teaneck at 264 Merrison St, Teaneck, NJ, 07666 with 5% annual appreciation on a $1,449,000 basis while $6,030/mo rent supports operations. 38% in year one. Equity gained on principal adds $9,350/yr, and five-year appreciation sums $400,332 alongside rental yield of 4.99%. Five-year ROI measures 47.56% and total cumulative return in cash totals $223,279. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,030/mo property income versus a $7,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07666, Teaneck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,090 (100%) |
| Owner Occupied HU | 10,497 (69.6%) |
| Renter Occupied HU | 3,871 (25.7%) |
| Vacant Housing Units | 722 ( 4.8%) |
| Median Home Value | $601,924 |
| Average Home Value | $701,365 |
Housing Distribution
Address Breakdown
Residential
14,574
Single Family
12,755
Multi-Family
1,819
Businesses
1,298
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Listed by: Zeevyah Benoff • Vera & Nechama Realty
Mls Name: NJMLS
Mls ID: #25038027