275 E 7th StCliftonNJ07011
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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
Rental property for sale in Clifton at 275 E 7th St, Clifton, NJ, 07011 generates $4,470/mo in rent and, after a $2,672/mo payment, leaves $579/mo in cash flow. Total monthly income is $4,470/mo, and annual cash flow is $6,946/yr on $179,601 invested. Return on cash invested sits at 23.93% in year one, and rental yield is 9.83% on a $545,900 entry. Equity gained on principal adds $3,523/yr, while 5% annual appreciation builds toward $150,822 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash sums $225,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,470/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07011, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,190 (100%) |
| Owner Occupied HU | 6,485 (45.7%) |
| Renter Occupied HU | 7,237 (51.0%) |
| Vacant Housing Units | 468 ( 3.3%) |
| Median Home Value | $464,178 |
| Average Home Value | $491,731 |
Housing Distribution
Address Breakdown
Residential
12,632
Single Family
11,206
Multi-Family
1,426
Businesses
1,193
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Listed by: Eduard Stulak • Real
Mls Name: GSMLS
Mls ID: #3981283