40 5th StCresskillNJ07626
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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 Cresskill at 40 5th St, Cresskill, NJ, 07626 generates $8,340/mo in rent, after a $9,779/mo payment. Total monthly income is $8,340/mo. Return on cash invested sits at 9.43% in year one, and rental yield is 5.01% on a $1,998,000 entry. Equity gained on principal adds $12,893/yr, while 5% annual appreciation builds toward $552,011 over five years. Five-year ROI reaches 47.81% and total cumulative return in cash sums $309,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,340/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07626, Cresskill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,118 (100%) |
| Owner Occupied HU | 2,350 (75.4%) |
| Renter Occupied HU | 634 (20.3%) |
| Vacant Housing Units | 134 ( 4.3%) |
| Median Home Value | $795,152 |
| Average Home Value | $895,836 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
2,925
Multi-Family
153
Businesses
269
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Listed by: Connie Choi • Keller Williams Town Life
Mls Name: NJMLS
Mls ID: #25032576