770 Anderson Ave APT 14PCliffside ParkNJ07010
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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 Cliffside Park at 770 Anderson Ave APT 14P, Cliffside Park, NJ, 07010 listed at $449,000 pairs $3,616/mo rent with a $2,198/mo payment to leave $415/mo cash flow. Total monthly income runs $3,616/mo, and annual cash flow reaches $4,983/yr on $148,844 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 9.66% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 122.05% and total cumulative return in cash totals $181,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,616/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07010, Cliffside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,714 (100%) |
| Owner Occupied HU | 5,167 (44.1%) |
| Renter Occupied HU | 5,852 (50.0%) |
| Vacant Housing Units | 695 ( 5.9%) |
| Median Home Value | $656,045 |
| Average Home Value | $719,669 |
Housing Distribution
Address Breakdown
Residential
10,851
Single Family
5,006
Multi-Family
5,845
Businesses
572
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Listed by: BARBARA PEREZ • RIDGECO PROPERTIES NORTH
Mls Name: HCMLS
Mls ID: #250020089