309 2nd StCliffside ParkNJ07010
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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 Cliffside Park at 309 2nd St, Cliffside Park, NJ, 07010 earns $1,356/mo cash flow from $5,988/mo rent with a $3,181/mo payment. Total monthly income totals $5,988/mo, and annual cash flow totals $16,267/yr on $213,817 capital. ROI tracks 27.67% on current figures, and rental yield reads 11.06% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 145.66% and total cumulative return in cash sums $311,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,988/mo property income instead of your personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07010, Cliffside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,714 (100%) |
| Owner Occupied HU | 5,167 (44.1%) |
| Renter Occupied HU | 5,852 (50.0%) |
| Vacant Housing Units | 695 ( 5.9%) |
| Median Home Value | $656,045 |
| Average Home Value | $719,669 |
Housing Distribution
Address Breakdown
Residential
10,851
Single Family
5,006
Multi-Family
5,845
Businesses
572
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Listed by: Thomas Mikalouskas • Keller Williams Valley Realty
Mls Name: NJMLS
Mls ID: #26000677