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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Haledon at 5 Peach Tree Ln, North Haledon, NJ, 07508 priced at $155,729 pairs $2,801/mo rent with $1,156/mo cash flow after a $762/mo payment. Total monthly income equals $2,801/mo, and annual cash flow comes to $13,875/yr on $51,624 invested. Return on cash invested is 46.78% in year one, and rental yield stands at 21.58% on a $155,729 basis. Equity gained on principal adds $1,005/yr, and 5% annual appreciation accumulates to $43,025 by year five. Five-year ROI measures 252.8% and total cumulative return in cash reaches $130,505. For financing, Ziffy Mortgage’s DSCR program evaluates $2,801/mo property income against a $762/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$535 monthly HOA
Neighborhood data shown for ZIP Code: 07508, Haledon, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,265 (59.8%) |
| Renter Occupied HU | 3,145 (35.7%) |
| Vacant Housing Units | 391 ( 4.4%) |
| Median Home Value | $526,607 |
| Average Home Value | $568,689 |
Residential
7,680
Single Family
7,556
Multi-Family
124
Businesses
436
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $155,729 |
| 2024-04-19 | Sold | $130,538 |
| 2024-03-12 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $3186.84 | 0.82% | $107,700 | N/A |
| 2022-11-11 | $3161.00 | 1.03% | $107,700 | N/A |
| 2021-11-11 | $3128.69 | 1.43% | $107,700 | N/A |
Listed by: David Quinones • Coldwell Banker Garden State
Mls Name: GSMLS
Mls Provider:
Mls ID: #3927330
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
