347 Smith PlWyckoffNJ07481
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
Total monthly income runs $4,984/mo, and a $6,608/mo payment. Purchase price stands at $1,350,000, and rental yield measures 4.43% with $4,984/mo rent. Return on cash invested shows 7.64% in year one, and 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 38.22% and total cumulative return in cash records $167,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,984/mo property income covering a $6,608/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07481, Wyckoff, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,792 (100%) |
| Owner Occupied HU | 5,200 (89.8%) |
| Renter Occupied HU | 403 ( 7.0%) |
| Vacant Housing Units | 189 ( 3.3%) |
| Median Home Value | $922,183 |
| Average Home Value | $1,032,548 |
Housing Distribution
Address Breakdown
Residential
5,919
Single Family
5,785
Multi-Family
134
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Shiel • Keller Williams Village Square Realty - Wyckoff
Mls Name: NJMLS
Mls ID: #25043444