354 Summer StCliftonNJ07011
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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 Clifton at 354 Summer St, Clifton, NJ, 07011 listed at $599,999 pairs $3,462/mo rent with a $2,937/mo payment. Total monthly income runs $3,462/mo. Return on cash invested measures 15.11% in year one, and rental yield registers 6.92% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 78.29% and total cumulative return in cash totals $154,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,462/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1911
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07011, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,190 (100%) |
| Owner Occupied HU | 6,485 (45.7%) |
| Renter Occupied HU | 7,237 (51.0%) |
| Vacant Housing Units | 468 ( 3.3%) |
| Median Home Value | $464,178 |
| Average Home Value | $491,731 |
Housing Distribution
Address Breakdown
Residential
12,632
Single Family
11,206
Multi-Family
1,426
Businesses
1,193
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Listed by: Mabel Martinez • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4000305