58 Van Horn StDemarestNJ07627
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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
Total monthly income runs $6,630/mo, and a $9,735/mo payment. Purchase price stands at $1,988,888, and rental yield measures 4% with $6,630/mo rent. Return on cash invested shows 6.32% in year one, and 5% annual appreciation builds toward $549,493 over five years. Five-year ROI reaches 31.12% and total cumulative return in cash records $200,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,630/mo property income covering a $9,735/mo payment rather than investor’s personal income.
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07627, Demarest, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,526 (87.0%) |
| Renter Occupied HU | 145 ( 8.3%) |
| Vacant Housing Units | 83 ( 4.7%) |
| Median Home Value | $967,949 |
| Average Home Value | $1,174,869 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
95
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Listed by: Jorge Gonzalez • Keller Williams City Views Realty
Mls Name: GSMLS
Mls ID: #3989575