520 Victor St UNIT 29Saddle 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
Rental property for sale in Saddle Brook at 520 Victor St UNIT 29, Saddle Brook, NJ, 07663 generates $2,924/mo in rent and, after a $1,954/mo payment, leaves $79/mo in cash flow. Total monthly income is $2,924/mo, and annual cash flow is $943/yr on $132,320 invested. Return on cash invested sits at 20.62% in year one, and rental yield is 8.79% on a $399,155 entry. Equity gained on principal adds $2,576/yr, while 5% annual appreciation builds toward $110,279 over five years. Five-year ROI reaches 107.89% and total cumulative return in cash sums $142,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,924/mo property income rather than buyer’s personal income.
Condo
Built in N/A
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: Robert Kohrs • Garden State Realty Group
Mls Name: NJMLS
Mls ID: #25037688