618 Lawlins RdWyckoffNJ07481
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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 Wyckoff at 618 Lawlins Rd, Wyckoff, NJ, 07481 offers a 8.58% rental yield on a $999,000 purchase with $7,141/mo rent. Total monthly income registers $7,141/mo, and a $4,890/mo payment leaves $20/mo available for distribution. Annual cash flow reaches $239/yr on $328,671 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 105.24% and total cumulative return in cash at $345,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,141/mo property income against a $4,890/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: 07481, Wyckoff, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,792 (100%) |
| Owner Occupied HU | 5,200 (89.8%) |
| Renter Occupied HU | 403 ( 7.0%) |
| Vacant Housing Units | 189 ( 3.3%) |
| Median Home Value | $922,183 |
| Average Home Value | $1,032,548 |
Housing Distribution
Address Breakdown
Residential
5,919
Single Family
5,785
Multi-Family
134
Businesses
603
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Terrie OConnor
Mls ID: #25027115