1115 Falls TerUnionNJ07083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Union at 1115 Falls Ter, Union, NJ, 07083 earns from $3,736/mo rent with a $2,839/mo payment. Total monthly income totals $3,736/mo. ROI tracks 17.56% on current figures, and rental yield reads 7.73% at a $579,999 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 91.43% and total cumulative return in cash sums $174,464. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,736/mo property income instead of your personal income.
Single Family
Built in 1933
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Housing Distribution
Address Breakdown
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Morales • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #4002032