This 4-bed, 4-bath, 2,824 sqft single-family home in Paramus sits in a high-demand Bergen County neighborhood known for strong rental potential. Based on recent local comps and market data, similar-sized homes in Paramus are achieving monthly rents from $4,700 to $5,100, with some premium homes reaching $5,300–$5,500 depending on amenities and updates. Annual gross rental income projection is $56K–$62K. Given the current home values and rent projections, the estimated payback period (not accounting for expenses or financing) is roughly 23–27 years. Market demand in Paramus remains robust, driven by top-rated schools, proximity to NYC transit, and a suburban setting that attracts families and professionals. Features such as the finished basement, large lot, and pool add value but may require premium management and maintenance. The main challenge is the single-family configuration, as multi-family options typically offer stronger cash flow.

To increase rental value, consider modest cosmetic upgrades—modernize the kitchen, refresh baths, and enhance outdoor spaces, especially the pool area. Staging the basement as an in-law suite or home office could attract higher-paying tenants. For owners open to selling, highlight the home’s size, school district, and potential for high-end rental income. If the owner prefers to rent, targeting executive relocations or multi-generational families could maximize returns.