631 6th AveLyndhurstNJ07071
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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 Lyndhurst at 631 6th Ave, Lyndhurst, NJ, 07071 uses $165,419 cash to close to unlock $12,691/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $4,614/mo, and a $2,442/mo payment keeps the spread at $1,058/mo. Purchase price stands at $499,000, and rental yield measures 11.1% with $4,614/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 145.22% and total cumulative return in cash records $240,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,614/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07071, Lyndhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,583 (100%) |
| Owner Occupied HU | 4,711 (49.2%) |
| Renter Occupied HU | 4,461 (46.6%) |
| Vacant Housing Units | 411 ( 4.3%) |
| Median Home Value | $582,793 |
| Average Home Value | $610,548 |
Housing Distribution
Address Breakdown
Residential
8,345
Single Family
6,512
Multi-Family
1,833
Businesses
852
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Listed by: KARINA AYUBI • PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Mls Name: HCMLS
Mls ID: #260000616