7 Schindler CtUpper Saddle RiverNJ07458
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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
Rental property for sale in Upper Saddle River at 7 Schindler Ct, Upper Saddle River, NJ, 07458 generates $7,440/mo in rent, after a $5,619/mo payment. Total monthly income is $7,440/mo. Return on cash invested sits at 15.76% in year one, and rental yield is 7.78% on a $1,148,000 entry. Equity gained on principal adds $7,408/yr, while 5% annual appreciation builds toward $317,171 over five years. Five-year ROI reaches 82.58% and total cumulative return in cash sums $307,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,440/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$685 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07458, Saddle River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,439 (100%) |
| Owner Occupied HU | 3,693 (83.2%) |
| Renter Occupied HU | 409 ( 9.2%) |
| Vacant Housing Units | 337 ( 7.6%) |
| Median Home Value | $1,265,134 |
| Average Home Value | $1,367,960 |
Housing Distribution
Address Breakdown
Residential
4,458
Single Family
4,367
Multi-Family
91
Businesses
419
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Listed by: Wendy Y. Gamez • Keller Williams City Views Realty
Mls Name: NJMLS
Mls Provider:
Mls ID: #24035131
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2024-11-10 22:41:31 PST Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.