103 Cheyenne RdLafayetteNJ07848
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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 Lafayette at 103 Cheyenne Rd, Lafayette, NJ, 07848 with 5% annual appreciation on a $319,000 basis while $0/mo rent supports operations. 89% in year one. Equity gained on principal adds $2,058/yr, and five-year appreciation sums $88,134 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,561/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1982
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
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No similar rental properties found nearby.
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Listed by: Craig Pokrywa • Better Homes & Gardens Porchlight
Mls Name: GSMLS
Mls ID: #4001313