329 5th St #BPalisades ParkNJ07650
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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 Palisades Park at 329 5th St #B, Palisades Park, NJ, 07650 generates $3,600/mo in rent, after a $5,678/mo payment. Total monthly income is $3,600/mo. Return on cash invested sits at 5.46% in year one, and rental yield is 3.72% on a $1,159,999 entry. Equity gained on principal adds $7,485/yr, while 5% annual appreciation builds toward $320,486 over five years. Five-year ROI reaches 26.54% and total cumulative return in cash sums $99,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07650, Palisades Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 2,530 (32.7%) |
| Renter Occupied HU | 4,845 (62.7%) |
| Vacant Housing Units | 354 ( 4.6%) |
| Median Home Value | $791,775 |
| Average Home Value | $790,008 |
Housing Distribution
Address Breakdown
Residential
7,104
Single Family
5,674
Multi-Family
1,430
Businesses
767
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Listed by: Cindy Jang • Young Star Realty, LLC
Mls Name: NJMLS
Mls ID: #25023356