56 Dawson AveCliftonNJ07012
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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 Clifton at 56 Dawson Ave, Clifton, NJ, 07012 priced at $550,000 converts $4,800/mo rent into $880/mo cash flow after a $2,692/mo obligation. Total monthly income equals $4,800/mo, and annual cash flow totals $10,556/yr on $180,950 invested. Return on cash invested prints 25.89% in year one, and rental yield reads 10.47% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 136.15% and total cumulative return in cash sums $246,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,800/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1928
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07012, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 3,022 (57.2%) |
| Renter Occupied HU | 2,068 (39.2%) |
| Vacant Housing Units | 189 ( 3.6%) |
| Median Home Value | $512,430 |
| Average Home Value | $581,372 |
Housing Distribution
Address Breakdown
Residential
5,270
Single Family
4,865
Multi-Family
405
Businesses
573
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Listed by: William Kivlon • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3999681