825 Riverside Ave BLDG 207 #14BLyndhurstNJ07071
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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 Lyndhurst at 825 Riverside Ave BLDG 207 #14B, Lyndhurst, NJ, 07071 uses $116,025 cash to close to unlock $2,800/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $2,728/mo, and a $1,713/mo payment keeps the spread at $233/mo. Purchase price stands at $350,000, and rental yield measures 9.35% with $2,728/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $135,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,728/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07071, Lyndhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,583 (100%) |
| Owner Occupied HU | 4,711 (49.2%) |
| Renter Occupied HU | 4,461 (46.6%) |
| Vacant Housing Units | 411 ( 4.3%) |
| Median Home Value | $582,793 |
| Average Home Value | $610,548 |
Housing Distribution
Address Breakdown
Residential
8,345
Single Family
6,512
Multi-Family
1,833
Businesses
852
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Listed by: Anna Gianatiempo • Christie's Int. Real Estate Group
Mls Name: GSMLS
Mls ID: #4006526