279 Clark St APT A7, Hackensack, NJ, 07601 | $307/mo Cash Flow

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279 Clark St APT A7, Hackensack, NJ, 07601 | $307/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hackensack at 279 Clark St APT A7, Hackensack, NJ, 07601 uses $110,390 cash to close to unlock $3,688/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,630/mo payment keeps the spread at $307/mo. Purchase price stands at $333,000, and rental yield measures 9.66% with $2,681/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 122.02% and total cumulative return in cash records $134,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,630/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 279 Clark St, Unit A7 a bright and very well-maintained 1 bedroom, 1.5 bath condo in the Fairmount section of Hackensack! Conveniently located on the second floor, this spacious home features an open kitchen with stainless steel appliances, great cabinet storage, and a comfortable flow into the large living and dining area plus balcony. The unit is in good condition throughout and filled with natural light. The generously sized bedroom offers plenty of space, and having both a full bath and an extra half bath adds ideal everyday comfort. Additional features include an in-unit washer/dryer, central air conditioning, and your own assigned outdoor parking space. The building also provides low HOA fees and elevator access. Situated in the convenient Clark Street area, youre surrounded by great local amenities. Enjoy nearby green spaces like Johnson Park with its walking paths and sports fields, and the Hackensack River County Park perfect for nature lovers, kayaking, and birdwatching. You're also just minutes from the Shops at Riverside for shopping, dining, and entertainment. Commuters will love the easy access to NYC with express buses 144 and 163 right nearby, plus close proximity to major highways. A fantastic opportunity to own a move-in ready home in one of Hackensacks most vibrant and well-rounded neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07601, Hackensack, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,077 (100%)
Owner Occupied HU	6,917 (30.0%)
Renter Occupied HU	14,514 (62.9%)
Vacant Housing Units	1,646 ( 7.1%)
Median Home Value	$451,947
Average Home Value	$486,208