417 Franklin AveHasbrouck HeightsNJ07604
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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 Hasbrouck Heights at 417 Franklin Ave, Hasbrouck Heights, NJ, 07604 uses $203,322 cash to close to unlock $19,138/yr annual cash flow and $1,595/mo monthly cash flow. Total monthly income runs $6,000/mo, and a $3,025/mo payment keeps the spread at $1,595/mo. Purchase price stands at $618,000, and rental yield measures 11.65% with $6,000/mo rent. Return on cash invested shows 29.47% in year one, and 5% annual appreciation builds toward $170,742 over five years. Five-year ROI reaches 155.33% and total cumulative return in cash records $315,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,000/mo property income covering a $3,025/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07604, Hasbrouck Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,728 (100%) |
| Owner Occupied HU | 3,217 (68.0%) |
| Renter Occupied HU | 1,340 (28.3%) |
| Vacant Housing Units | 171 ( 3.6%) |
| Median Home Value | $598,854 |
| Average Home Value | $643,924 |
Housing Distribution
Address Breakdown
Residential
4,549
Single Family
4,214
Multi-Family
335
Businesses
531
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Listed by: Claudia Waldow • Terrie O'connor Realtors
Mls Name: GSMLS
Mls ID: #4006541