510 Goffle RdHawthorneNJ07506
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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 Hawthorne at 510 Goffle Rd, Hawthorne, NJ, 07506 listed at $479,000 pairs $4,324/mo rent with a $2,344/mo payment to leave $910/mo cash flow. Total monthly income runs $4,324/mo, and annual cash flow reaches $10,923/yr on $158,789 cash to close. Return on cash invested measures 26.79% in year one, and rental yield registers 10.83% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 140.97% and total cumulative return in cash totals $223,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,324/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1908
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07506, Hawthorne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,095 (100%) |
| Owner Occupied HU | 4,946 (61.1%) |
| Renter Occupied HU | 2,799 (34.6%) |
| Vacant Housing Units | 350 ( 4.3%) |
| Median Home Value | $569,598 |
| Average Home Value | $571,478 |
Housing Distribution
Address Breakdown
Residential
7,630
Single Family
7,314
Multi-Family
316
Businesses
571
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Listed by: Jeffrey Psota • Coldwell Banker Realty Rdg
Mls Name: GSMLS
Mls ID: #3982416