582 Eder AveWyckoffNJ07481
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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 Wyckoff at 582 Eder Ave, Wyckoff, NJ, 07481 with 5% annual appreciation on a $1,475,000 basis while $5,236/mo rent supports operations. 12% in year one. Equity gained on principal adds $9,518/yr, and five-year appreciation sums $407,515 alongside rental yield of 4.26%. Five-year ROI measures 35.41% and total cumulative return in cash totals $169,234. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,236/mo property income versus a $7,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07481, Wyckoff, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,792 (100%) |
| Owner Occupied HU | 5,200 (89.8%) |
| Renter Occupied HU | 403 ( 7.0%) |
| Vacant Housing Units | 189 ( 3.3%) |
| Median Home Value | $922,183 |
| Average Home Value | $1,032,548 |
Housing Distribution
Address Breakdown
Residential
5,919
Single Family
5,785
Multi-Family
134
Businesses
603
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Listed by: Patricia DePhillips • Terrie O'Connor Realtors-Wyckoff
Mls Name: NJMLS
Mls ID: #26000327