9 Vreeland Avenue UNIT 2FHackensackNJ07601
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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 Hackensack at 9 Vreeland Avenue UNIT 2F, Hackensack, NJ, 07601 at $255,000 posts ROI 23.49% with $253/mo cash flow from $2,380/mo rent. Total monthly income equals $2,380/mo, and annual cash flow records $3,030/yr on $84,533 to close. Return on cash invested measures 23.49% and rental yield reads 11.2% at the current $255,000. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 by year five. Five-year ROI prints 124.92% and total cumulative return in cash totals $105,596.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,380/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
3,484 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07601, Hackensack, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,077 (100%) |
| Owner Occupied HU | 6,917 (30.0%) |
| Renter Occupied HU | 14,514 (62.9%) |
| Vacant Housing Units | 1,646 ( 7.1%) |
| Median Home Value | $451,947 |
| Average Home Value | $486,208 |
Housing Distribution
Address Breakdown
Residential
21,242
Single Family
11,835
Multi-Family
9,407
Businesses
2,747
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Listed by: Andrea Herbert • Keller Williams Realty Ocean Living
Mls Name: MOMLS
Mls Provider:
Mls ID: #22415503
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.