107-109 Clove Rd BLDG 3 #3SussexNJ07461
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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 Sussex at 107-109 Clove Rd BLDG 3 #3, Sussex, NJ, 07461 listed at $1,295,000 pairs $2,220/mo rent with a $6,338/mo payment. Total monthly income runs $2,220/mo. Return on cash invested measures 0.32% in year one, and rental yield registers 2.06% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
101.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07461, Sussex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,474 (100%) |
| Owner Occupied HU | 6,001 (70.8%) |
| Renter Occupied HU | 1,313 (15.5%) |
| Vacant Housing Units | 1,160 (13.7%) |
| Median Home Value | $386,225 |
| Average Home Value | $436,301 |
Housing Distribution
Address Breakdown
Residential
7,223
Single Family
7,182
Multi-Family
41
Businesses
331
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Listed by: Michael Hern • Keller Williams City Views Realty
Mls Name: GSMLS
Mls ID: #3991739