39 Melody Hill RdCliftonNJ07013
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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 39 Melody Hill Rd, Clifton, NJ, 07013 with 5% annual appreciation on a $550,000 basis while $3,978/mo rent supports operations. Total monthly income totals $3,978/mo and a $2,692/mo payment preserves $58/mo for cash returns. Annual cash flow comes to $692/yr on $180,950 deployed, and return on cash invested reaches 20.44% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 8.68%. Five-year ROI measures 106.91% and total cumulative return in cash totals $193,450.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,978/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07013, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,346 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 2,970 (26.2%) |
| Vacant Housing Units | 526 ( 4.6%) |
| Median Home Value | $520,711 |
| Average Home Value | $566,172 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
9,819
Multi-Family
1,107
Businesses
893
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Listed by: Oscar Cajiao • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #3985718