860 Pascack RdParamusNJ07652
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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 Paramus at 860 Pascack Rd, Paramus, NJ, 07652 priced at $899,000 pairs $9,365/mo rent with $2,957/mo cash flow after a $4,400/mo payment. Total monthly income equals $9,365/mo, and annual cash flow comes to $35,487/yr on $295,771 invested. Return on cash invested is 32.06% in year one, and rental yield stands at 12.5% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 169.21% and total cumulative return in cash reaches $500,470. For financing, Ziffy Mortgage’s DSCR program evaluates $9,365/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07652, Paramus, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 7,412 (82.9%) |
| Renter Occupied HU | 1,210 (13.5%) |
| Vacant Housing Units | 321 ( 3.6%) |
| Median Home Value | $780,552 |
| Average Home Value | $844,403 |
Housing Distribution
Address Breakdown
Residential
8,961
Single Family
8,573
Multi-Family
388
Businesses
1,823
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Listed by: Suzy L. Milazzo • Coldwell Banker Realty Rdg
Mls Name: GSMLS
Mls ID: #3987838