357 Oradell AveOradellNJ07649
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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 Oradell at 357 Oradell Ave, Oradell, NJ, 07649 priced at $795,800 converts $5,598/mo rent into after a $3,895/mo obligation. Total monthly income equals $5,598/mo. Return on cash invested prints 19.72% in year one, and rental yield reads 8.44% against a $795,800 entry. Equity gained on principal adds $5,135/yr, while 5% annual appreciation compiles into $219,865 by year five. Five-year ROI reaches 103.04% and total cumulative return in cash sums $269,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,598/mo property income covering a $3,895/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07649, Oradell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 2,473 (87.8%) |
| Renter Occupied HU | 281 ( 10.0%) |
| Vacant Housing Units | 62 ( 2.2%) |
| Median Home Value | $757,482 |
| Average Home Value | $848,026 |
Housing Distribution
Address Breakdown
Residential
2,825
Single Family
2,718
Multi-Family
107
Businesses
399
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