596 Anderson AveClosterNJ07624
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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 Closter at 596 Anderson Ave, Closter, NJ, 07624 with 5% annual appreciation on a $1,329,000 basis while $5,400/mo rent supports operations. 02% in year one. Equity gained on principal adds $8,576/yr, and five-year appreciation sums $367,178 alongside rental yield of 4.88%. Five-year ROI measures 45.6% and total cumulative return in cash totals $196,368. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,400/mo property income versus a $6,505/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: 07624, Closter, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,858 (100%) |
| Owner Occupied HU | 2,299 (80.4%) |
| Renter Occupied HU | 431 (15.1%) |
| Vacant Housing Units | 128 ( 4.5%) |
| Median Home Value | $844,388 |
| Average Home Value | $931,435 |
Housing Distribution
Address Breakdown
Residential
2,886
Single Family
2,856
Multi-Family
30
Businesses
516
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Listed by: Peter Loeb • Pleasant Realtors
Mls Name: NJMLS
Mls ID: #25029455