12 Franklin PlHaskellNJ07420
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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 Haskell at 12 Franklin Pl, Haskell, NJ, 07420 offers $4,800/mo rent that, after a $2,203/mo payment, leaves $1,592/mo cash flow. Total monthly income is $4,800/mo, and annual cash flow is $19,104/yr on $149,175 cash. Return on cash invested measures 32.72% in year one, and rental yield stands at 12.8% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 172.74% and total cumulative return in cash reaches $257,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07420, Haskell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,536 (80.0%) |
| Renter Occupied HU | 325 (16.9%) |
| Vacant Housing Units | 58 ( 3.0%) |
| Median Home Value | $389,264 |
| Average Home Value | $404,006 |
Housing Distribution
Address Breakdown
Residential
1,826
Single Family
1,826
Multi-Family
0
Businesses
163
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Listed by: Antonietta Fasolo • Aldo's Realty
Mls Name: GSMLS
Mls ID: #3996721