51 Surrey LnCliftonNJ07012
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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
Rental property for sale in Clifton at 51 Surrey Ln, Clifton, NJ, 07012 priced at $499,000 pairs $2,375/mo rent with after a $2,442/mo payment. Total monthly income equals $2,375/mo. Return on cash invested is 11.34% in year one, and rental yield stands at 5.71% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 58.11% and total cumulative return in cash reaches $96,126. For financing, Ziffy Mortgage’s DSCR program evaluates $2,375/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07012, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 3,022 (57.2%) |
| Renter Occupied HU | 2,068 (39.2%) |
| Vacant Housing Units | 189 ( 3.6%) |
| Median Home Value | $512,430 |
| Average Home Value | $581,372 |
Housing Distribution
Address Breakdown
Residential
5,270
Single Family
4,865
Multi-Family
405
Businesses
573
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Listed by: Nikki Piazza • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4000306