88 Pyle StOradellNJ07649
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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 Oradell at 88 Pyle St, Oradell, NJ, 07649 offers $4,768/mo rent that, after a $2,789/mo payment, leaves $706/mo cash flow. Total monthly income is $4,768/mo, and annual cash flow is $8,475/yr on $187,497 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 10.04% at a $569,900 entry. Equity gained on principal adds $3,677/yr while 5% annual appreciation compounds into $157,453 by year five. Five-year ROI records 129.11% and total cumulative return in cash reaches $242,082. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,768/mo property income versus a $2,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07649, Oradell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 2,473 (87.8%) |
| Renter Occupied HU | 281 ( 10.0%) |
| Vacant Housing Units | 62 ( 2.2%) |
| Median Home Value | $757,482 |
| Average Home Value | $848,026 |
Housing Distribution
Address Breakdown
Residential
2,825
Single Family
2,718
Multi-Family
107
Businesses
399
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Listed by: Lorilynn Harvey • Coldwell Banker Realty Wyk
Mls Name: GSMLS
Mls ID: #3981801