300 Park St APT 1EHackensackNJ07601
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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 Hackensack at 300 Park St APT 1E, Hackensack, NJ, 07601 listed at $360,000 pairs $3,073/mo rent with a $1,762/mo payment to leave $13/mo cash flow. Total monthly income runs $3,073/mo, and annual cash flow reaches $156/yr on $119,340 cash to close. Return on cash invested measures 20.04% in year one, and rental yield registers 10.24% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 106.56% and total cumulative return in cash totals $127,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,073/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$494 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,242
Single Family
11,835
Multi-Family
9,407
Businesses
2,747
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Listed by: Susan Lloyd • Coldwell Banker, Hoboken
Mls Name: NJMLS
Mls Provider:
Mls ID: #25023881
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: 2025-10-30 21:12:41 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.