12 Fordham RdOaklandNJ07436
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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
Rental property for sale in Oakland at 12 Fordham Rd, Oakland, NJ, 07436 priced at $679,000 converts $3,900/mo rent into after a $3,323/mo obligation. Total monthly income equals $3,900/mo. Return on cash invested prints 15.01% in year one, and rental yield reads 6.89% against a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation compiles into $187,595 by year five. Five-year ROI reaches 77.8% and total cumulative return in cash sums $173,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,900/mo property income covering a $3,323/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Matthew Russo • Russo Real Estate
Mls Name: NJMLS
Mls ID: #25037482