301 W Crescent AveAllendaleNJ07401
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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 Allendale at 301 W Crescent Ave, Allendale, NJ, 07401 offers $4,770/mo rent that, after a $2,570/mo payment, leaves $1,028/mo cash flow. Total monthly income is $4,770/mo, and annual cash flow is $12,330/yr on $172,725 cash. Return on cash invested measures 27.2% in year one, and rental yield stands at 10.9% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 143.16% and total cumulative return in cash reaches $247,269. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,770/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07401, Allendale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,486 (100%) |
| Owner Occupied HU | 2,029 (81.6%) |
| Renter Occupied HU | 321 (12.9%) |
| Vacant Housing Units | 136 ( 5.5%) |
| Median Home Value | $904,018 |
| Average Home Value | $998,549 |
Housing Distribution
Address Breakdown
Residential
2,371
Single Family
2,346
Multi-Family
25
Businesses
288
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Listed by: Sheri Vanhouten-marino • Keller Williams Valley Realty
Mls Name: GSMLS
Mls ID: #4000608