415 Goffle RdWyckoffNJ07481
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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 Wyckoff at 415 Goffle Rd, Wyckoff, NJ, 07481 offers $3,548/mo rent that, after a $3,377/mo payment. Total monthly income is $3,548/mo. Return on cash invested measures 12.82% in year one, and rental yield stands at 6.17% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 66.02% and total cumulative return in cash reaches $149,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,548/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07481, Wyckoff, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,792 (100%) |
| Owner Occupied HU | 5,200 (89.8%) |
| Renter Occupied HU | 403 ( 7.0%) |
| Vacant Housing Units | 189 ( 3.3%) |
| Median Home Value | $922,183 |
| Average Home Value | $1,032,548 |
Housing Distribution
Address Breakdown
Residential
5,919
Single Family
5,785
Multi-Family
134
Businesses
603
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Listed by: Mary Premtaj • Compass New Jersey, LLC-Ridgewood
Mls Name: NJMLS
Mls ID: #25039154