5 Tenakill Park E APT 203CresskillNJ07626
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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 Cresskill at 5 Tenakill Park E APT 203, Cresskill, NJ, 07626 listed at $529,000 pairs $3,060/mo rent with a $2,589/mo payment. Total monthly income runs $3,060/mo. Return on cash invested measures 15.16% in year one, and rental yield registers 6.94% at a $529,000 basis. Equity gained on principal adds $3,414/yr, and annual property appreciation at 5% supports $146,153 by year five. Five-year ROI tracks 78.6% and total cumulative return in cash totals $136,793. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $2,589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07626, Cresskill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,118 (100%) |
| Owner Occupied HU | 2,350 (75.4%) |
| Renter Occupied HU | 634 (20.3%) |
| Vacant Housing Units | 134 ( 4.3%) |
| Median Home Value | $795,152 |
| Average Home Value | $895,836 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
2,925
Multi-Family
153
Businesses
269
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Listed by: Andrea DaSilva • Coldwell Banker, Alpine/Closter
Mls Name: NJMLS
Mls ID: #25023112