603 Knickerbocker RdTenaflyNJ07670
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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 Tenafly at 603 Knickerbocker Rd, Tenafly, NJ, 07670 earns $747/mo cash flow from $7,519/mo rent with a $4,650/mo payment. Total monthly income totals $7,519/mo, and annual cash flow totals $8,968/yr on $312,550 capital. ROI tracks 22.93% on current figures, and rental yield reads 9.5% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 120.25% and total cumulative return in cash sums $375,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,519/mo property income instead of your personal income.
Single Family
Built in 1960
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07670, Tenafly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 3,825 (74.3%) |
| Renter Occupied HU | 1,083 (21.0%) |
| Vacant Housing Units | 240 ( 4.7%) |
| Median Home Value | $981,899 |
| Average Home Value | $1,176,120 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,004
Multi-Family
68
Businesses
547
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