42 ALICE LANE, Clark, NJ, 07066 | $750/mo Cash Flow

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42 ALICE LANE, Clark, NJ, 07066 | $750/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Clark at 42 ALICE LANE, Clark, NJ, 07066 listed at $515,000 pairs $4,421/mo rent with a $2,521/mo payment to leave $750/mo cash flow. Total monthly income runs $4,421/mo, and annual cash flow reaches $8,998/yr on $169,435 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 10.3% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 133.34% and total cumulative return in cash totals $225,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,421/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1942

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming home nestled in a quiet, friendly neighborhood, full of promise and potential! Move right in and with a little love, turn this into the gem you've always dreamed of. The first floor offers a spacious living and dining area with hardwood floors hidden beneath the carpet, an updated kitchen and bathroom, and a versatile room that can serve as a bedroom or home office. Upstairs you'll find two additional bedrooms, a cozy hallway nook perfect for reading, and a space already plumbed for a second bathroom ideal for future expansion. The extra-wide property includes an extended driveway with ample parking. Conveniently located near Clark Commons, shopping, dining, and with quick access to the Garden State Parkway and major highways. This home is being sold strictly AS-IS. Buyer is responsible for obtaining the Certificate of Occupancy. Don't miss this exciting opportunity to create your dream home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,032 (100%)
Owner Occupied HU	4,502 (74.6%)
Renter Occupied HU	1,323 (21.9%)
Vacant Housing Units	207 ( 3.4%)
Median Home Value	$619,297
Average Home Value	$666,137