45 Royal Ave #36HawthorneNJ07506
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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 Hawthorne at 45 Royal Ave #36, Hawthorne, NJ, 07506 uses $129,248 cash to close to unlock $3/yr annual cash flow and $0/mo monthly cash flow. Total monthly income runs $2,779/mo, and a $1,908/mo payment keeps the spread at $0/mo. Purchase price stands at $389,888, and rental yield measures 8.55% with $2,779/mo rent. Return on cash invested shows 19.91% in year one, and 5% annual appreciation builds toward $107,719 over five years. Five-year ROI reaches 104.1% and total cumulative return in cash records $134,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,779/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Condo
Built in 1997
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07506, Hawthorne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,095 (100%) |
| Owner Occupied HU | 4,946 (61.1%) |
| Renter Occupied HU | 2,799 (34.6%) |
| Vacant Housing Units | 350 ( 4.3%) |
| Median Home Value | $569,598 |
| Average Home Value | $571,478 |
Housing Distribution
Address Breakdown
Residential
7,630
Single Family
7,314
Multi-Family
316
Businesses
571
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Listed by: Orly Steinberg • Keller Williams Village Square
Mls Name: GSMLS
Mls ID: #4006538