8 Church CtClosterNJ07624
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Closter at 8 Church Ct, Closter, NJ, 07624 projects strong ROI of 1.05%. Rental yield 2.29%. With 5% annual appreciation, the property builds $780,495 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.87%, translating into $26,272 in total cumulative return on $915,300 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07624, Closter, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,858 (100%) |
| Owner Occupied HU | 2,299 (80.4%) |
| Renter Occupied HU | 431 (15.1%) |
| Vacant Housing Units | 128 ( 4.5%) |
| Median Home Value | $844,388 |
| Average Home Value | $931,435 |
Housing Distribution
Address Breakdown
Residential
2,886
Single Family
2,856
Multi-Family
30
Businesses
516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neha Shah • Howard Hanna Rand Realty, Englewood Cliffs
Mls Name: NJMLS
Mls ID: #25023502