118 Myrtle RdWarrenNJ07059
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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 Warren at 118 Myrtle Rd, Warren, NJ, 07059 earns from $3,997/mo rent with a $3,389/mo payment. Total monthly income totals $3,997/mo. ROI tracks 15.12% on current figures, and rental yield reads 6.93% at a $692,415 purchase. Equity gained on principal adds $4,468/yr, and 5% annual appreciation supports $191,302 over five years. Five-year ROI reaches 78.36% and total cumulative return in cash sums $178,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,997/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Housing Distribution
Address Breakdown
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A