8 Masterson CtWaldwickNJ07463
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 Waldwick at 8 Masterson Ct, Waldwick, NJ, 07463 offers a 3.68% rental yield on a $899,000 purchase with $2,754/mo rent. 24% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 25.37% and total cumulative return in cash at $75,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,754/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07463, Waldwick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 3,067 (83.6%) |
| Renter Occupied HU | 492 (13.4%) |
| Vacant Housing Units | 108 ( 2.9%) |
| Median Home Value | $620,486 |
| Average Home Value | $631,496 |
Housing Distribution
Address Breakdown
Residential
3,666
Single Family
3,540
Multi-Family
126
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Tortora • Christie's International Real Estate Group-Allendale
Mls Name: NJMLS
Mls ID: #25042826