45 Lake RdUpper Saddle RiverNJ07458
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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 Upper Saddle River at 45 Lake Rd, Upper Saddle River, NJ, 07458 generates $4,020/mo in rent, after a $4,381/mo payment. Total monthly income is $4,020/mo. Return on cash invested sits at 10.44% in year one, and rental yield is 5.39% on a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 53.3% and total cumulative return in cash sums $156,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,020/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07458, Saddle River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,439 (100%) |
| Owner Occupied HU | 3,693 (83.2%) |
| Renter Occupied HU | 409 ( 9.2%) |
| Vacant Housing Units | 337 ( 7.6%) |
| Median Home Value | $1,265,134 |
| Average Home Value | $1,367,960 |
Housing Distribution
Address Breakdown
Residential
4,458
Single Family
4,367
Multi-Family
91
Businesses
419
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Listed by: Christina Gibbons • Christie's International Real Estate Group-Ridgewood
Mls Name: NJMLS
Mls ID: #26002258