406 Sylvan St, Saddle Brook, NJ, 07663 | 6.89% Rental Yield

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406 Sylvan St, Saddle Brook, NJ, 07663 | 6.89% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saddle Brook at 406 Sylvan St, Saddle Brook, NJ, 07663 with 5% annual appreciation on a $799,000 basis while $4,590/mo rent supports operations. 01% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 6.89%. Five-year ROI measures 77.8% and total cumulative return in cash totals $204,522. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,590/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained two-family home offering the perfect blend of space, comfort, and functionality. Featuring an up-and-down layout, each unit includes three spacious bedrooms along with one full and one half bathroom. In total, the home offers six bedrooms, two full bathrooms, and two half bathrooms. Both apartments have been thoughtfully updated, including modernized bathrooms, and are move-in ready for tenants or owner-occupants alike. Hardwood floors run throughout the home. The property also boasts a large shared basement that provides abundant space for storage and laundry. Separate electric and gas meters ensure easy management of utilities for each unit. Outside, you'll find a beautifully maintained yard, perfect for relaxing or entertaining, along with a generously sized driveway that offers ample parking. A spacious rear patio completes the outdoor space, ideal for summer gatherings or quiet evenings. Whether you're looking to invest or live in one unit while renting the other, this property offers exceptional value and flexibility in a well-kept, turnkey package.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07663, Saddle Brook, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,639 (100%)
Owner Occupied HU	3,838 (68.1%)
Renter Occupied HU	1,572 (27.9%)
Vacant Housing Units	229 ( 4.1%)
Median Home Value	$557,284
Average Home Value	$556,459