316 William StHarrisonNJ07029
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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 Harrison at 316 William St, Harrison, NJ, 07029 priced at $869,000 pairs $3,156/mo rent with after a $4,253/mo payment. Total monthly income equals $3,156/mo. Return on cash invested is 7.31% in year one, and rental yield stands at 4.36% on a $869,000 basis. Equity gained on principal adds $5,608/yr, and 5% annual appreciation accumulates to $240,089 by year five. Five-year ROI measures 36.49% and total cumulative return in cash reaches $104,339. For financing, Ziffy Mortgage’s DSCR program evaluates $3,156/mo property income against a $4,253/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07029, Harrison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,464 (100%) |
| Owner Occupied HU | 1,654 (15.8%) |
| Renter Occupied HU | 8,195 (78.3%) |
| Vacant Housing Units | 615 ( 5.9%) |
| Median Home Value | $491,343 |
| Average Home Value | $506,478 |
Housing Distribution
Address Breakdown
Residential
9,739
Single Family
5,824
Multi-Family
3,915
Businesses
477
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Listed by: Yan Xiao • Keller Williams Park Views
Mls Name: NJMLS
Mls ID: #26003489