110 Lincoln Park E UNIT 110CranfordNJ07016
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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 Cranford at 110 Lincoln Park E UNIT 110, Cranford, NJ, 07016 offers a 10.16% rental yield on a $312,500 purchase with $2,647/mo rent. Total monthly income registers $2,647/mo, and a $1,530/mo payment leaves $419/mo available for distribution. Annual cash flow reaches $5,029/yr on $103,594 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $2,017/yr while 5% annual appreciation supports $86,338 over five years. Portfolio math shows five-year ROI at 130.15% and total cumulative return in cash at $134,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,647/mo property income against a $1,530/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A