748 Pennsylvania AveLyndhurstNJ07071
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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 Lyndhurst at 748 Pennsylvania Ave, Lyndhurst, NJ, 07071 priced at $1,065,000 converts $3,180/mo rent into after a $5,213/mo obligation. Total monthly income equals $3,180/mo. Return on cash invested prints 5.03% in year one, and rental yield reads 3.58% against a $1,065,000 entry. Equity gained on principal adds $6,872/yr, while 5% annual appreciation compiles into $294,240 by year five. Five-year ROI reaches 24.21% and total cumulative return in cash sums $83,531. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $5,213/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07071, Lyndhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,583 (100%) |
| Owner Occupied HU | 4,711 (49.2%) |
| Renter Occupied HU | 4,461 (46.6%) |
| Vacant Housing Units | 411 ( 4.3%) |
| Median Home Value | $582,793 |
| Average Home Value | $610,548 |
Housing Distribution
Address Breakdown
Residential
8,345
Single Family
6,512
Multi-Family
1,833
Businesses
852
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Listed by: Julio Fiallos • Mid-Realty, Inc.
Mls Name: NJMLS
Mls ID: #25035785