299 Mason AveWyckoffNJ07481
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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 Wyckoff at 299 Mason Ave, Wyckoff, NJ, 07481 with 5% annual appreciation on a $799,900 basis while $7,192/mo rent supports operations. Total monthly income totals $7,192/mo and a $3,915/mo payment preserves $1,491/mo for cash returns. Annual cash flow comes to $17,887/yr on $263,167 deployed, and return on cash invested reaches 26.86% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $220,998 alongside rental yield of 10.79%. Five-year ROI measures 141.31% and total cumulative return in cash totals $371,880.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,192/mo property income versus a $3,915/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: 07481, Wyckoff, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,792 (100%) |
| Owner Occupied HU | 5,200 (89.8%) |
| Renter Occupied HU | 403 ( 7.0%) |
| Vacant Housing Units | 189 ( 3.3%) |
| Median Home Value | $922,183 |
| Average Home Value | $1,032,548 |
Housing Distribution
Address Breakdown
Residential
5,919
Single Family
5,785
Multi-Family
134
Businesses
603
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Listed by: Susan Litt • Coldwell Banker, Wyckoff/Franklin Lakes
Mls Name: NJMLS
Mls Provider:
Mls ID: #25005609
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-03-13 07:28:31 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.