520 Victor St BLDG 3 #42Saddle 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 BLDG 3 #42, Saddle Brook, NJ, 07663 listed at $395,000 pairs $2,924/mo rent with a $1,933/mo payment to leave $109/mo cash flow. Total monthly income runs $2,924/mo, and annual cash flow reaches $1,306/yr on $130,943 cash to close. Return on cash invested measures 20.91% in year one, and rental yield registers 8.88% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 109.41% and total cumulative return in cash totals $143,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,924/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
N/A 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: Barbara Pagella • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4001191