74 Anchor WayCliffwoodNJ07721
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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 Cliffwood at 74 Anchor Way, Cliffwood, NJ, 07721 priced at $625,000 pairs $3,360/mo rent with after a $3,059/mo payment. Total monthly income equals $3,360/mo. Return on cash invested is 13.67% in year one, and rental yield stands at 6.45% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 70.61% and total cumulative return in cash reaches $145,201. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07721, Cliffwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 873 (53.6%) |
| Renter Occupied HU | 706 (43.3%) |
| Vacant Housing Units | 51 ( 3.1%) |
| Median Home Value | $440,317 |
| Average Home Value | $547,815 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
98
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Listed by: AGHA "KAMIL" ABBAS • RE/MAX CENTRAL
Mls Name: All Jersey MLS
Mls ID: #2608883R