89 Circle DrParamusNJ07652
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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 Paramus at 89 Circle Dr, Paramus, NJ, 07652 with 5% annual appreciation on a $750,000 basis while $5,646/mo rent supports operations. Total monthly income totals $5,646/mo and a $3,671/mo payment preserves $300/mo for cash returns. Annual cash flow comes to $3,600/yr on $246,750 deployed, and return on cash invested reaches 21.52% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 9.03%. Five-year ROI measures 112.68% and total cumulative return in cash totals $278,034.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,646/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
10,454 sqft 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: Jeana Cowie • Re/Max Properties
Mls Name: GSMLS
Mls ID: #3981608