86 Hillside AvenueVeronaNJ07044
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 Verona at 86 Hillside Avenue, Verona, NJ, 07044 at $876,000 posts ROI 20.66% with $145/mo cash flow from $6,389/mo rent. Total monthly income equals $6,389/mo, and annual cash flow records $1,735/yr on $288,204 to close. Return on cash invested measures 20.66% and rental yield reads 8.75% at the current $876,000. Equity gained on principal adds $5,653/yr, and 5% annual appreciation supports $242,023 by year five. Five-year ROI prints 108.09% and total cumulative return in cash totals $311,533.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,389/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07044, Verona, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,360 (100%) |
| Owner Occupied HU | 4,671 (73.4%) |
| Renter Occupied HU | 1,443 (22.7%) |
| Vacant Housing Units | 246 ( 3.9%) |
| Median Home Value | $658,491 |
| Average Home Value | $741,076 |
Housing Distribution
Address Breakdown
Residential
5,943
Single Family
4,342
Multi-Family
1,601
Businesses
469
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Nearby investment properties with comparable prices
Listed by: Kathleen Moore • Prominent Properties Sir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3962358
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