784 Austin AveOradellNJ07649
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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 Oradell at 784 Austin Ave, Oradell, NJ, 07649 generates $6,834/mo in rent and, after a $3,671/mo payment, leaves $1,488/mo in cash flow. Total monthly income is $6,834/mo, and annual cash flow is $17,856/yr on $246,750 invested. Return on cash invested sits at 27.3% in year one, and rental yield is 10.93% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 143.66% and total cumulative return in cash sums $354,474. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,834/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07649, Oradell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 2,473 (87.8%) |
| Renter Occupied HU | 281 ( 10.0%) |
| Vacant Housing Units | 62 ( 2.2%) |
| Median Home Value | $757,482 |
| Average Home Value | $848,026 |
Housing Distribution
Address Breakdown
Residential
2,825
Single Family
2,718
Multi-Family
107
Businesses
399
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Listed by: Cathy Johnson • Coldwell Banker, Hillsdale
Mls Name: NJMLS
Mls ID: #25034616