300 Main St BLDG 300 #716Little 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 300 Main St BLDG 300 #716, Little Falls, NJ, 07424 listed at $339,900 pairs $2,747/mo rent with a $1,664/mo payment. Total monthly income runs $2,747/mo. Return on cash invested measures 17.56% in year one, and rental yield registers 9.7% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 93.6% and total cumulative return in cash totals $105,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,747/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
11.84 Acres lot
$N/A/sqft
$544 monthly 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: Jeffrey Lattimer Jr. • Lattimer Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3974888
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