451 Wilfred TerCliffside ParkNJ07010
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
Rental property for sale in Cliffside Park at 451 Wilfred Ter, Cliffside Park, NJ, 07010 priced at $650,000 converts $4,310/mo rent into after a $3,181/mo obligation. Total monthly income equals $4,310/mo. Return on cash invested prints 18.25% in year one, and rental yield reads 7.96% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 95.16% and total cumulative return in cash sums $203,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,310/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1927
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07010, Cliffside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,714 (100%) |
| Owner Occupied HU | 5,167 (44.1%) |
| Renter Occupied HU | 5,852 (50.0%) |
| Vacant Housing Units | 695 ( 5.9%) |
| Median Home Value | $656,045 |
| Average Home Value | $719,669 |
Housing Distribution
Address Breakdown
Residential
10,851
Single Family
5,006
Multi-Family
5,845
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SANDRA L GARCIA • CORCORAN INFINITY PROPERTIES
Mls Name: HCMLS
Mls ID: #250021187