65 Knickerbocker RdClosterNJ07624
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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 Closter at 65 Knickerbocker Rd, Closter, NJ, 07624 earns from $3,992/mo rent with a $3,695/mo payment. Total monthly income totals $3,992/mo. ROI tracks 13.35% on current figures, and rental yield reads 6.34% at a $755,000 purchase. Equity gained on principal adds $4,872/yr, and 5% annual appreciation supports $208,593 over five years. Five-year ROI reaches 68.87% and total cumulative return in cash sums $171,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,992/mo property income instead of your personal income.
Single Family
Built in 1962
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07624, Closter, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,858 (100%) |
| Owner Occupied HU | 2,299 (80.4%) |
| Renter Occupied HU | 431 (15.1%) |
| Vacant Housing Units | 128 ( 4.5%) |
| Median Home Value | $844,388 |
| Average Home Value | $931,435 |
Housing Distribution
Address Breakdown
Residential
2,886
Single Family
2,856
Multi-Family
30
Businesses
516
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Nearby investment properties with comparable prices
Listed by: Amanda Smith • United Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3978488
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