332 12th St #APalisades ParkNJ07650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palisades Park at 332 12th St #A, Palisades Park, NJ, 07650 listed at $1,289,888 pairs $3,600/mo rent with a $6,313/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 4.31% in year one, and rental yield registers 3.35% at a $1,289,888 basis. Equity gained on principal adds $8,323/yr, and annual property appreciation at 5% supports $356,372 by year five. Five-year ROI tracks 20.35% and total cumulative return in cash totals $85,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $6,313/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalia Kronfeld • Coldwell Banker, Fort Lee
Mls Name: NJMLS
Mls ID: #26000666