628 Falmouth AveParamusNJ07652
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
Total monthly income runs $7,920/mo, and a $9,446/mo payment. Purchase price stands at $1,929,999, and rental yield measures 4.92% with $7,920/mo rent. Return on cash invested shows 9.17% in year one, and 5% annual appreciation builds toward $533,223 over five years. Five-year ROI reaches 46.41% and total cumulative return in cash records $290,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,920/mo property income covering a $9,446/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07652, Paramus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 7,412 (82.9%) |
| Renter Occupied HU | 1,210 (13.5%) |
| Vacant Housing Units | 321 ( 3.6%) |
| Median Home Value | $780,552 |
| Average Home Value | $844,403 |
Housing Distribution
Address Breakdown
Residential
8,961
Single Family
8,573
Multi-Family
388
Businesses
1,823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Qizhan Yao • Realmart Realty, LLC
Mls Name: NJMLS
Mls ID: #25034815