6 Ackerman Ave, Woodcliff Lake, NJ, 07677 | 5.79% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Woodcliff Lake at 6 Ackerman Ave, Woodcliff Lake, NJ, 07677 generates $3,420/mo in rent, after a $3,470/mo payment. Total monthly income is $3,420/mo. Return on cash invested sits at 11.66% in year one, and rental yield is 5.79% on a $708,950 entry. Equity gained on principal adds $4,575/yr, while 5% annual appreciation builds toward $195,870 over five years. Five-year ROI reaches 59.81% and total cumulative return in cash sums $139,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA