412-432 Broad Way #25ACliftonNJ07013
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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 412-432 Broad Way #25A, Clifton, NJ, 07013 earns from $1,571/mo rent with a $1,101/mo payment. Total monthly income totals $1,571/mo. ROI tracks 19.39% on current figures, and rental yield reads 8.38% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 101.31% and total cumulative return in cash sums $75,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,571/mo property income instead of your personal income.
Condo
Built in 1975
1,045 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: Meena R. Patel • Keller Williams Village Square
Mls Name: GSMLS
Mls ID: #3990007