96 South PkwyCliftonNJ07014
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
Rental property for sale in Clifton at 96 South Pkwy, Clifton, NJ, 07014 priced at $1,200,000 pairs $3,728/mo rent with after a $5,873/mo payment. Total monthly income equals $3,728/mo. Return on cash invested is 5.48% in year one, and rental yield stands at 3.73% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 26.61% and total cumulative return in cash reaches $103,463. For financing, Ziffy Mortgage’s DSCR program evaluates $3,728/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07014, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,509 (72.3%) |
| Renter Occupied HU | 499 (23.9%) |
| Vacant Housing Units | 79 ( 3.8%) |
| Median Home Value | $562,347 |
| Average Home Value | $569,687 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,988
Multi-Family
19
Businesses
310
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Listed by: Rivka Bodenheim • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3999963