104 Walnut StreetOaklandNJ07436
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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 Oakland at 104 Walnut Street, Oakland, NJ, 07436 offers $3,724/mo rent that, after a $4,058/mo payment. Total monthly income is $3,724/mo. Return on cash invested measures 10.44% in year one, and rental yield stands at 5.39% at a $829,000 entry. Equity gained on principal adds $5,349/yr while 5% annual appreciation compounds into $229,037 by year five. Five-year ROI records 53.3% and total cumulative return in cash reaches $145,360. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,724/mo property income versus a $4,058/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Timothy L. Waller • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #3994666