70 Johnson CtClosterNJ07624
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
Rental property for sale in Closter at 70 Johnson Ct, Closter, NJ, 07624 priced at $1,899,900 pairs $9,839/mo rent with after a $9,299/mo payment. Total monthly income equals $9,839/mo. Return on cash invested is 13.15% in year one, and rental yield stands at 6.21% on a $1,899,900 basis. Equity gained on principal adds $12,260/yr, and 5% annual appreciation accumulates to $524,907 by year five. Five-year ROI measures 67.76% and total cumulative return in cash reaches $417,104. For financing, Ziffy Mortgage’s DSCR program evaluates $9,839/mo property income against a $9,299/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A