612 Schuyler AveNorth ArlingtonNJ07031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Arlington at 612 Schuyler Ave, North Arlington, NJ, 07031 offers a 6.5% rental yield on a $509,900 purchase with $2,760/mo rent. 8% in year one. Equity gained on principal adds $3,290/yr while 5% annual appreciation supports $140,876 over five years. Portfolio math shows five-year ROI at 71.33% and total cumulative return in cash at $119,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07031, North Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,802 (100%) |
| Owner Occupied HU | 3,542 (52.1%) |
| Renter Occupied HU | 3,036 (44.6%) |
| Vacant Housing Units | 224 ( 3.3%) |
| Median Home Value | $550,000 |
| Average Home Value | $571,886 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,662
Multi-Family
484
Businesses
407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Levine • Coldwell Banker, Ridgewood
Mls Name: NJMLS
Mls ID: #25041244