29 Kay RoadLittle FallsNJ07424
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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 Little Falls at 29 Kay Road, Little Falls, NJ, 07424 with 5% annual appreciation on a $574,500 basis while $3,960/mo rent supports operations. 2% in year one. Equity gained on principal adds $3,707/yr, and five-year appreciation sums $158,724 alongside rental yield of 8.27%. Five-year ROI measures 100.26% and total cumulative return in cash totals $189,502. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,960/mo property income versus a $2,812/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
9,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07424, Little Falls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,746 (100%) |
| Owner Occupied HU | 6,659 (62.0%) |
| Renter Occupied HU | 3,585 (33.4%) |
| Vacant Housing Units | 502 ( 4.7%) |
| Median Home Value | $563,308 |
| Average Home Value | $581,647 |
Housing Distribution
Address Breakdown
Residential
10,232
Single Family
9,305
Multi-Family
927
Businesses
1,120
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Listed by: Lauren A. Parrella • Realty Executives First Class
Mls Name: GSMLS
Mls ID: #3995125