340 Spring Valley RdParamusNJ07652
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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 Paramus at 340 Spring Valley Rd, Paramus, NJ, 07652 priced at $594,800 converts $5,143/mo rent into $904/mo cash flow after a $2,911/mo obligation. Total monthly income equals $5,143/mo, and annual cash flow totals $10,843/yr on $195,689 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 10.38% against a $594,800 entry. Equity gained on principal adds $3,838/yr, while 5% annual appreciation compiles into $164,332 by year five. Five-year ROI reaches 134.58% and total cumulative return in cash sums $263,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,143/mo property income covering a $2,911/mo payment, not borrower’s personal income.
Single Family
Built in 1953
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07652, Paramus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 7,412 (82.9%) |
| Renter Occupied HU | 1,210 (13.5%) |
| Vacant Housing Units | 321 ( 3.6%) |
| Median Home Value | $780,552 |
| Average Home Value | $844,403 |
Housing Distribution
Address Breakdown
Residential
8,961
Single Family
8,573
Multi-Family
388
Businesses
1,823
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Listed by: N/A • N/A
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