80 Prospect StMidland ParkNJ07432
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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 Midland Park at 80 Prospect St, Midland Park, NJ, 07432 offers a 9.38% rental yield on a $599,000 purchase with $4,680/mo rent. Total monthly income registers $4,680/mo, and a $2,932/mo payment leaves $410/mo available for distribution. Annual cash flow reaches $4,923/yr on $197,071 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 118.27% and total cumulative return in cash at $233,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,680/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07432, Midland Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,014 (69.1%) |
| Renter Occupied HU | 765 (26.3%) |
| Vacant Housing Units | 135 ( 4.6%) |
| Median Home Value | $626,577 |
| Average Home Value | $637,279 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,562
Multi-Family
226
Businesses
483
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Listed by: Alper Tasciyan • Coldwell Banker, Fort Lee
Mls Name: NJMLS
Mls ID: #25036629