747 Mildred StTeaneckNJ07666
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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
Investment property for sale in Teaneck at 747 Mildred St, Teaneck, NJ, 07666 listed at $1,259,000 pairs $6,030/mo rent with a $6,162/mo payment. Total monthly income runs $6,030/mo. Return on cash invested measures 11.71% in year one, and rental yield registers 5.75% at a $1,259,000 basis. Equity gained on principal adds $8,124/yr, and annual property appreciation at 5% supports $347,838 by year five. Five-year ROI tracks 60.04% and total cumulative return in cash totals $244,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,030/mo property income relative to a $6,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07666, Teaneck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,090 (100%) |
| Owner Occupied HU | 10,497 (69.6%) |
| Renter Occupied HU | 3,871 (25.7%) |
| Vacant Housing Units | 722 ( 4.8%) |
| Median Home Value | $601,924 |
| Average Home Value | $701,365 |
Housing Distribution
Address Breakdown
Residential
14,574
Single Family
12,755
Multi-Family
1,819
Businesses
1,298
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Listed by: Rhoda Russo • Russo Real Estate
Mls Name: NJMLS
Mls ID: #25031228