770 Anderson Ave APT 4KCliffside 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 4K, Cliffside Park, NJ, 07010 uses $137,573 cash to close to unlock $13,910/yr annual cash flow and $1,159/mo monthly cash flow. Total monthly income runs $4,117/mo, and a $2,031/mo payment keeps the spread at $1,159/mo. Purchase price stands at $415,000, and rental yield measures 11.9% with $4,117/mo rent. Return on cash invested shows 30.02% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 158.31% and total cumulative return in cash records $217,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,117/mo property income covering a $2,031/mo payment rather than investor’s personal income.
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: Scott Selleck • Keller Williams City Views Realty
Mls Name: NJMLS
Mls ID: #26002795