52 Palisade AveCresskillNJ07626
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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 Cresskill at 52 Palisade Ave, Cresskill, NJ, 07626 uses $175,785 cash to close to unlock $30,821/yr annual cash flow and $2,568/mo monthly cash flow. Total monthly income runs $6,484/mo, and a $2,615/mo payment keeps the spread at $2,568/mo. Purchase price stands at $534,300, and rental yield measures 14.56% with $6,484/mo rent. Return on cash invested shows 37.59% in year one, and 5% annual appreciation builds toward $147,617 over five years. Five-year ROI reaches 199.16% and total cumulative return in cash records $350,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,484/mo property income covering a $2,615/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07626, Cresskill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,118 (100%) |
| Owner Occupied HU | 2,350 (75.4%) |
| Renter Occupied HU | 634 (20.3%) |
| Vacant Housing Units | 134 ( 4.3%) |
| Median Home Value | $795,152 |
| Average Home Value | $895,836 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
2,925
Multi-Family
153
Businesses
269
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Listed by: N/A • N/A
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