8 E Walnut StTeaneckNJ07666
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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 Teaneck at 8 E Walnut St, Teaneck, NJ, 07666 priced at $868,000 pairs $6,424/mo rent with $237/mo cash flow after a $4,248/mo payment. Total monthly income equals $6,424/mo, and annual cash flow comes to $2,850/yr on $285,572 invested. Return on cash invested is 21.06% in year one, and rental yield stands at 8.88% on a $868,000 basis. Equity gained on principal adds $5,601/yr, and 5% annual appreciation accumulates to $239,812 by year five. Five-year ROI measures 110.22% and total cumulative return in cash reaches $314,745. For financing, Ziffy Mortgage’s DSCR program evaluates $6,424/mo property income against a $4,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07666, Teaneck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,090 (100%) |
| Owner Occupied HU | 10,497 (69.6%) |
| Renter Occupied HU | 3,871 (25.7%) |
| Vacant Housing Units | 722 ( 4.8%) |
| Median Home Value | $601,924 |
| Average Home Value | $701,365 |
Housing Distribution
Address Breakdown
Residential
14,574
Single Family
12,755
Multi-Family
1,819
Businesses
1,298
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Listed by: Angelica Rios-betancur • Bhgre Elite
Mls Name: GSMLS
Mls Provider:
Mls ID: #3930719
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