57 Laurie DrNorth HaledonNJ07508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Haledon at 57 Laurie Dr, North Haledon, NJ, 07508 offers $3,942/mo rent that, after a $5,262/mo payment. Total monthly income is $3,942/mo. Return on cash invested measures 7.55% in year one, and rental yield stands at 4.4% at a $1,075,000 entry. Equity gained on principal adds $6,937/yr while 5% annual appreciation compounds into $297,003 by year five. Five-year ROI records 37.75% and total cumulative return in cash reaches $131,466. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,942/mo property income versus a $5,262/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07508, Haledon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,265 (59.8%) |
| Renter Occupied HU | 3,145 (35.7%) |
| Vacant Housing Units | 391 ( 4.4%) |
| Median Home Value | $526,607 |
| Average Home Value | $568,689 |
Housing Distribution
Address Breakdown
Residential
7,680
Single Family
7,556
Multi-Family
124
Businesses
436
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Listed by: Joseph Simone • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls ID: #3975396