1 Main RdRockawayNJ07866
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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
Rental property for sale in Rockaway at 1 Main Rd, Rockaway, NJ, 07866 generates $0/mo in rent, after a $967/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.89% in year one, and rental yield is 0% on a $197,568 entry. Equity gained on principal adds $1,275/yr, while 5% annual appreciation builds toward $54,584 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07866, Rockaway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 7,428 (77.6%) |
| Renter Occupied HU | 1,721 (18.0%) |
| Vacant Housing Units | 428 ( 4.5%) |
| Median Home Value | $482,983 |
| Average Home Value | $538,570 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
9,016
Multi-Family
9
Businesses
949
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Pedro Geronimo • Option 1 Realty Group, Llc
Mls Name: GSMLS
Mls ID: #3981025