719 Neill CtOradellNJ07649
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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 Oradell at 719 Neill Ct, Oradell, NJ, 07649 priced at $949,000 converts $2,952/mo rent into after a $4,645/mo obligation. Total monthly income equals $2,952/mo. Return on cash invested prints 5.41% in year one, and rental yield reads 3.73% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 26.28% and total cumulative return in cash sums $82,056. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,952/mo property income covering a $4,645/mo payment, not borrower’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: 07649, Oradell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 2,473 (87.8%) |
| Renter Occupied HU | 281 ( 10.0%) |
| Vacant Housing Units | 62 ( 2.2%) |
| Median Home Value | $757,482 |
| Average Home Value | $848,026 |
Housing Distribution
Address Breakdown
Residential
2,825
Single Family
2,718
Multi-Family
107
Businesses
399
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Listed by: Dawn Braithwaite • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #25043634