41 Grove AveMaywoodNJ07607
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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 Maywood at 41 Grove Ave, Maywood, NJ, 07607 priced at $810,000 pairs $3,163/mo rent with after a $3,965/mo payment. Total monthly income equals $3,163/mo. Return on cash invested is 8.3% in year one, and rental yield stands at 4.69% on a $810,000 basis. Equity gained on principal adds $5,227/yr, and 5% annual appreciation accumulates to $223,788 by year five. Five-year ROI measures 41.81% and total cumulative return in cash reaches $111,411. For financing, Ziffy Mortgage’s DSCR program evaluates $3,163/mo property income against a $3,965/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1922
4,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07607, Maywood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,799 (100%) |
| Owner Occupied HU | 2,473 (65.1%) |
| Renter Occupied HU | 1,209 (31.8%) |
| Vacant Housing Units | 117 ( 3.1%) |
| Median Home Value | $564,805 |
| Average Home Value | $573,933 |
Housing Distribution
Address Breakdown
Residential
3,713
Single Family
3,565
Multi-Family
148
Businesses
303
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Listed by: N/A • N/A
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