Alcove Plan, Argo HomesMontvaleNJ07645
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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 Montvale at Alcove Plan, Argo Homes, Montvale, NJ, 07645 with 5% annual appreciation on a $900,000 basis while $9,619/mo rent supports operations. Total monthly income totals $9,619/mo and a $4,405/mo payment preserves $3,204/mo for cash returns. Annual cash flow comes to $38,448/yr on $296,100 deployed, and return on cash invested reaches 33.05% in year one. Equity gained on principal adds $5,808/yr, and five-year appreciation sums $248,653 alongside rental yield of 12.83%. Five-year ROI measures 174.48% and total cumulative return in cash totals $516,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,619/mo property income versus a $4,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07645, Montvale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,621 (74.2%) |
| Renter Occupied HU | 801 (22.7%) |
| Vacant Housing Units | 111 ( 3.1%) |
| Median Home Value | $749,662 |
| Average Home Value | $804,210 |
Housing Distribution
Address Breakdown
Residential
3,807
Single Family
3,611
Multi-Family
196
Businesses
532
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Listed by: N/A • Argo Development
Mls Name: Argo Development
Mls Provider:
Mls ID: #N/A