355 Ackerman AveMountainsideNJ07092
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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 Mountainside at 355 Ackerman Ave, Mountainside, NJ, 07092 with 5% annual appreciation on a $749,900 basis while $5,929/mo rent supports operations. Total monthly income totals $5,929/mo and a $3,670/mo payment preserves $584/mo for cash returns. Annual cash flow comes to $7,011/yr on $246,717 deployed, and return on cash invested reaches 22.9% in year one. Equity gained on principal adds $4,839/yr, and five-year appreciation sums $207,184 alongside rental yield of 9.49%. Five-year ROI measures 120.11% and total cumulative return in cash totals $296,338.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,929/mo property income versus a $3,670/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07092, Mountainside, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 2,319 (89.1%) |
| Renter Occupied HU | 135 ( 5.2%) |
| Vacant Housing Units | 149 ( 5.7%) |
| Median Home Value | $765,240 |
| Average Home Value | $813,788 |
Housing Distribution
Address Breakdown
Residential
2,639
Single Family
2,541
Multi-Family
98
Businesses
386
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Listed by: Patricia T Emma • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #4000463