57 Clark Ct #65RutherfordNJ07070
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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 Rutherford at 57 Clark Ct #65, Rutherford, NJ, 07070 earns $123/mo cash flow from $2,261/mo rent with a $1,468/mo payment. Total monthly income totals $2,261/mo, and annual cash flow totals $1,476/yr on $99,450 capital. ROI tracks 21.39% on current figures, and rental yield reads 9.04% at a $299,999 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash sums $111,408. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,261/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07070, Rutherford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,355 (100%) |
| Owner Occupied HU | 4,674 (63.5%) |
| Renter Occupied HU | 2,401 (32.6%) |
| Vacant Housing Units | 280 ( 3.8%) |
| Median Home Value | $649,637 |
| Average Home Value | $671,912 |
Housing Distribution
Address Breakdown
Residential
7,130
Single Family
6,071
Multi-Family
1,059
Businesses
693
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Listed by: Erandi Martinez • Lim Bances Realty
Mls Name: NJMLS
Mls ID: #26002716