300 John Ochs DrRochelle ParkNJ07662
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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 Rochelle Park at 300 John Ochs Dr, Rochelle Park, NJ, 07662 offers $2,868/mo rent that, after a $2,442/mo payment. Total monthly income is $2,868/mo. Return on cash invested measures 14.91% in year one, and rental yield stands at 6.9% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 77.29% and total cumulative return in cash reaches $127,854. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,868/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07662, Rochelle Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,731 (69.7%) |
| Renter Occupied HU | 572 (23.0%) |
| Vacant Housing Units | 181 ( 7.3%) |
| Median Home Value | $541,667 |
| Average Home Value | $534,063 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,108
Multi-Family
109
Businesses
439
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Listed by: Denise Dougherty • Coviello Realty
Mls Name: GSMLS
Mls ID: #4002995