50 Grove StWaldwickNJ07463
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Waldwick rental at 50 Grove St, Waldwick, NJ, 07463 sits in the solid-income band: 9.15% gross yield, $5,107/mo rent, $332/mo net after the $3,013/mo debt service, DSCR 1.69. Entry price of $670,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $185,109 and $6,171/yr in principal reduction bring total cumulative return to $278,103.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $332 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,107 |
| Total Monthly Debt Service | $4,509 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07463, Waldwick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 3,067 (83.6%) |
| Renter Occupied HU | 492 (13.4%) |
| Vacant Housing Units | 108 ( 2.9%) |
| Median Home Value | $620,486 |
| Average Home Value | $631,496 |
Housing Distribution
Address Breakdown
Residential
3,666
Single Family
3,540
Multi-Family
126
Businesses
378
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07463, Waldwick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 3,067 (83.6%) |
| Renter Occupied HU | 492 (13.4%) |
| Vacant Housing Units | 108 ( 2.9%) |
| Median Home Value | $620,486 |
| Average Home Value | $631,496 |
Housing Distribution
Address Breakdown
Residential
3,666
Single Family
3,540
Multi-Family
126
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Beth Lane Nappi • Terrie O'Connor Realtors-Wyckoff
Mls Name: NJMLS
Mls Provider:
Mls ID: #25021313
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-11-03 20:57:48 PST Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.