108 James AveCranfordNJ07016
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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 $4,852/mo, and a $3,519/mo payment. Purchase price stands at $719,000, and rental yield measures 8.1% with $4,852/mo rent. Return on cash invested shows 18.68% in year one, and 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 97.45% and total cumulative return in cash records $230,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,852/mo property income covering a $3,519/mo payment rather than investor’s personal income.
Single Family
Built in 1956
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07016, Cranford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,435 (100%) |
| Owner Occupied HU | 6,913 (73.3%) |
| Renter Occupied HU | 2,147 (22.8%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $669,813 |
| Average Home Value | $714,383 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
7,997
Multi-Family
1,071
Businesses
960
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Listed by: Brian Signorella Ii • Re/Max Select
Mls Name: GSMLS
Mls ID: #3988479