350 Passaic AveStirlingNJ07980
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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 Stirling at 350 Passaic Ave, Stirling, NJ, 07980 priced at $539,000 pairs $2,340/mo rent with after a $2,638/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 9.9% in year one, and rental yield stands at 5.21% on a $539,000 basis. Equity gained on principal adds $3,478/yr, and 5% annual appreciation accumulates to $148,916 by year five. Five-year ROI measures 50.38% and total cumulative return in cash reaches $89,340. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $2,638/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07980, Stirling, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 656 (73.9%) |
| Renter Occupied HU | 209 (23.5%) |
| Vacant Housing Units | 23 ( 2.6%) |
| Median Home Value | $670,821 |
| Average Home Value | $720,846 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
840
Multi-Family
57
Businesses
145
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Listed by: Gary Gianakis • Kl Sotheby's Int'l. Realty
Mls Name: GSMLS
Mls ID: #4008345