332 12th 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
Investment property for sale in Palisades Park at 332 12th St #B, Palisades Park, NJ, 07650 offers a 3.35% rental yield on a $1,289,888 purchase with $3,600/mo rent. 31% in year one. Equity gained on principal adds $8,323/yr while 5% annual appreciation supports $356,372 over five years. Portfolio math shows five-year ROI at 20.35% and total cumulative return in cash at $85,041. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $6,313/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Natalia Kronfeld • Coldwell Banker, Fort Lee
Mls Name: NJMLS
Mls ID: #26000667