27 Clearwater DrHo Ho KusNJ07423
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 Ho Ho Kus at 27 Clearwater Dr, Ho Ho Kus, NJ, 07423 generates $5,390/mo in rent, after a $4,503/mo payment. Total monthly income is $5,390/mo. Return on cash invested sits at 14.44% in year one, and rental yield is 7.03% on a $920,000 entry. Equity gained on principal adds $5,937/yr, while 5% annual appreciation builds toward $254,179 over five years. Five-year ROI reaches 75.07% and total cumulative return in cash sums $227,211. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,390/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07423, Ho Ho Kus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 1,323 (89.9%) |
| Renter Occupied HU | 93 ( 6.3%) |
| Vacant Housing Units | 55 ( 3.7%) |
| Median Home Value | $1,001,816 |
| Average Home Value | $1,121,155 |
Housing Distribution
Address Breakdown
Residential
1,465
Single Family
1,465
Multi-Family
0
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A