601 Echo Glen AveRiver ValeNJ07675
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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 River Vale at 601 Echo Glen Ave, River Vale, NJ, 07675 earns $951/mo cash flow from $6,511/mo rent with a $3,818/mo payment. Total monthly income totals $6,511/mo, and annual cash flow totals $11,412/yr on $256,620 capital. ROI tracks 24.51% on current figures, and rental yield reads 10.02% at a $780,000 purchase. Equity gained on principal adds $5,033/yr, and 5% annual appreciation supports $215,500 over five years. Five-year ROI reaches 128.7% and total cumulative return in cash sums $330,280. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,511/mo property income instead of your personal income.
Single Family
Built in 1961
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07675, Westwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,691 (100%) |
| Owner Occupied HU | 8,019 (75.0%) |
| Renter Occupied HU | 2,278 (21.3%) |
| Vacant Housing Units | 394 ( 3.7%) |
| Median Home Value | $726,071 |
| Average Home Value | $800,220 |
Housing Distribution
Address Breakdown
Residential
10,611
Single Family
9,663
Multi-Family
948
Businesses
936
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Listed by: Susan M. Stinneford • Re/Max Country Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3974240
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