500 Anderson Ave APT 104Cliffside ParkNJ07010
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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 Cliffside Park at 500 Anderson Ave APT 104, Cliffside Park, NJ, 07010 earns from $3,857/mo rent with a $2,932/mo payment. Total monthly income totals $3,857/mo. ROI tracks 17.55% on current figures, and rental yield reads 7.73% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 91.4% and total cumulative return in cash sums $180,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,857/mo property income instead of your personal income.
Condo
Built in N/A
N/A 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
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Listed by: JORGE IZQUIERDO • LIBERTY REALTY LLC
Mls Name: HCMLS
Mls ID: #250012833
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.