430 Central Ave #904HarrisonNJ07029
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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 Harrison at 430 Central Ave #904, Harrison, NJ, 07029 uses $160,778 cash to close to unlock $3,154/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $3,720/mo, and a $2,374/mo payment keeps the spread at $263/mo. Purchase price stands at $485,000, and rental yield measures 9.2% with $3,720/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash records $184,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,720/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07029, Harrison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,464 (100%) |
| Owner Occupied HU | 1,654 (15.8%) |
| Renter Occupied HU | 8,195 (78.3%) |
| Vacant Housing Units | 615 ( 5.9%) |
| Median Home Value | $491,343 |
| Average Home Value | $506,478 |
Housing Distribution
Address Breakdown
Residential
9,739
Single Family
5,824
Multi-Family
3,915
Businesses
477
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Listed by: ARMANDO PINA • LIFESTYLE INTERNATIONAL REALTY LLC
Mls Name: HCMLS
Mls ID: #250016450