520 Victor St #8Saddle BrookNJ07663
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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 Saddle Brook at 520 Victor St #8, Saddle Brook, NJ, 07663 listed at $424,900 pairs $2,924/mo rent with a $2,080/mo payment. Total monthly income runs $2,924/mo. Return on cash invested measures 19.01% in year one, and rental yield registers 8.26% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 99.3% and total cumulative return in cash totals $139,869. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,924/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
1,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07663, Saddle Brook, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,838 (68.1%) |
| Renter Occupied HU | 1,572 (27.9%) |
| Vacant Housing Units | 229 ( 4.1%) |
| Median Home Value | $557,284 |
| Average Home Value | $556,459 |
Housing Distribution
Address Breakdown
Residential
5,401
Single Family
5,171
Multi-Family
230
Businesses
755
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Listed by: Mona A. Tahoun • Bhhs Fox & Roach
Mls Name: GSMLS
Mls ID: #4003482