501 Collins AveHasbrouck HeightsNJ07604
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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 Hasbrouck Heights at 501 Collins Ave, Hasbrouck Heights, NJ, 07604 listed at $550,000 pairs $4,318/mo rent with a $2,692/mo payment to leave $398/mo cash flow. Total monthly income runs $4,318/mo, and annual cash flow reaches $4,772/yr on $180,950 cash to close. Return on cash invested measures 22.7% in year one, and rental yield registers 9.42% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 119% and total cumulative return in cash totals $215,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,318/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07604, Hasbrouck Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,728 (100%) |
| Owner Occupied HU | 3,217 (68.0%) |
| Renter Occupied HU | 1,340 (28.3%) |
| Vacant Housing Units | 171 ( 3.6%) |
| Median Home Value | $598,854 |
| Average Home Value | $643,924 |
Housing Distribution
Address Breakdown
Residential
4,549
Single Family
4,214
Multi-Family
335
Businesses
531
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Terrie OConnor
Mls ID: #25016649