Paterson, NJ — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.1%
Below average
Monthly Cash Flow
-$1,944
After all expenses
Price-to-Rent
21.8
Overpriced for rent
DSCR
0.32
Fails
📊 Key Metrics
- Median Home Price
- $534,245
- Average Rent (3BR)
- $2,040/mo
- Price-to-Rent Ratio
- 21.8(high)
- 1% Rule
- 0.38%(fails — need 1%+)
- Cash-on-Cash Return
- -18.8%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →🏘️ Best Zip Codes in Paterson for Investors
All Zip Codes in Paterson
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 07522 | 2.4% | -$1,592 | $475,984 | $1,970/mo | 0.37 |
| 07501 | 2.3% | -$1,562 | $459,331 | $1,870/mo | 0.36 |
| 07502 | 2.1% | -$1,912 | $535,533 | $2,070/mo | 0.33 |
| 07503 | 2.1% | -$1,979 | $549,213 | $2,100/mo | 0.32 |
| 07524 | 2.1% | -$1,895 | $525,825 | $2,010/mo | 0.32 |
| 07513 | 2.0% | -$2,122 | $578,940 | $2,170/mo | 0.31 |
| 07514 | 1.9% | -$1,976 | $532,958 | $1,970/mo | 0.30 |
| 07504 | 1.9% | -$2,141 | $571,978 | $2,090/mo | 0.30 |