394 Ackerman AveGlen RockNJ07452
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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 Glen Rock at 394 Ackerman Ave, Glen Rock, NJ, 07452 listed at $879,000 pairs $5,150/mo rent with a $4,302/mo payment. Total monthly income runs $5,150/mo. Return on cash invested measures 15.43% in year one, and rental yield registers 7.03% at a $879,000 basis. Equity gained on principal adds $5,672/yr, and annual property appreciation at 5% supports $242,851 by year five. Five-year ROI tracks 80.04% and total cumulative return in cash totals $231,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,150/mo property income relative to a $4,302/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07452, Glen Rock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,984 (100%) |
| Owner Occupied HU | 3,605 (90.5%) |
| Renter Occupied HU | 280 ( 7.0%) |
| Vacant Housing Units | 99 ( 2.5%) |
| Median Home Value | $837,211 |
| Average Home Value | $884,555 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,924
Multi-Family
98
Businesses
450
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Listed by: Cara Smith • Prominent Properties Sir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3983214
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