843 Belle AveTeaneckNJ07666
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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 843 Belle Ave, Teaneck, NJ, 07666 offers $6,030/mo rent that, after a $3,597/mo payment, leaves $792/mo cash flow. Total monthly income is $6,030/mo, and annual cash flow is $9,498/yr on $241,815 cash. Return on cash invested measures 23.99% in year one, and rental yield stands at 9.84% at a $735,000 entry. Equity gained on principal adds $4,743/yr while 5% annual appreciation compounds into $203,067 by year five. Five-year ROI records 125.93% and total cumulative return in cash reaches $304,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,030/mo property income versus a $3,597/mo payment rather than borrower’s personal income verification through 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: 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: Aharon Cohen • Keller Williams Town Life
Mls Name: NJMLS
Mls ID: #25042916