10 Sunny LnAndoverNJ07821
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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
Total monthly income runs $4,500/mo, and a $5,506/mo payment. Purchase price stands at $1,125,000, and rental yield measures 4.8% with $4,500/mo rent. Return on cash invested shows 8.79% in year one, and 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 44.36% and total cumulative return in cash records $161,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,500/mo property income covering a $5,506/mo payment rather than investor’s personal income.
Single Family
Built in 1989
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07821, Andover, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,089 (78.3%) |
| Renter Occupied HU | 407 (10.3%) |
| Vacant Housing Units | 448 (11.4%) |
| Median Home Value | $451,606 |
| Average Home Value | $492,629 |
Housing Distribution
Address Breakdown
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
213
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Listed by: Mercedes Senzer • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #4003685