607 Charles CtRiver 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 607 Charles Ct, River Vale, NJ, 07675 listed at $1,225,000 pairs $7,750/mo rent with a $5,996/mo payment. Total monthly income runs $7,750/mo. Return on cash invested measures 17.4% in year one, and rental yield registers 7.59% at a $1,225,000 basis. Equity gained on principal adds $7,905/yr, and annual property appreciation at 5% supports $338,445 by year five. Five-year ROI tracks 90.56% and total cumulative return in cash totals $359,448. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,750/mo property income relative to a $5,996/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.52 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: Jill Biggs • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #240020004
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.