119 Woods Edge Dr #119SuccasunnaNJ07876
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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
Rental property for sale in Succasunna at 119 Woods Edge Dr #119, Succasunna, NJ, 07876 generates $0/mo in rent, after a $1,904/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.89% in year one, and rental yield is 0% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Townhouse
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07876, Succasunna, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 3,406 (90.7%) |
| Renter Occupied HU | 284 ( 7.6%) |
| Vacant Housing Units | 67 ( 1.8%) |
| Median Home Value | $510,152 |
| Average Home Value | $543,627 |
Housing Distribution
Address Breakdown
Residential
3,648
Single Family
3,648
Multi-Family
0
Businesses
361
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No similar rental properties found nearby.
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Listed by: Kevin Karcich • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #4004740