45 Royal Ave #46HawthorneNJ07506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 #46, Hawthorne, NJ, 07506 earns $6/mo cash flow from $2,779/mo rent with a $1,904/mo payment. Total monthly income totals $2,779/mo, and annual cash flow totals $75/yr on $128,954 capital. ROI tracks 19.97% on current figures, and rental yield reads 8.57% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 104.41% and total cumulative return in cash sums $134,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,779/mo property income instead of your 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christoulla Crawford • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #3999748