42 Glen AveMidland ParkNJ07432
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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 Midland Park at 42 Glen Ave, Midland Park, NJ, 07432 offers $4,680/mo rent that, after a $3,372/mo payment. Total monthly income is $4,680/mo. Return on cash invested measures 18.84% in year one, and rental yield stands at 8.15% at a $689,000 entry. Equity gained on principal adds $4,446/yr while 5% annual appreciation compounds into $190,358 by year five. Five-year ROI records 98.32% and total cumulative return in cash reaches $222,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,680/mo property income versus a $3,372/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: 07432, Midland Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,014 (69.1%) |
| Renter Occupied HU | 765 (26.3%) |
| Vacant Housing Units | 135 ( 4.6%) |
| Median Home Value | $626,577 |
| Average Home Value | $637,279 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,562
Multi-Family
226
Businesses
483
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Listed by: Robin Morsch • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #25041408