12 N 1St AveKenvilNJ07847
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 Kenvil at 12 N 1St Ave, Kenvil, NJ, 07847 offers a 6.08% rental yield on a $849,999 purchase with $4,307/mo rent. 55% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 64.56% and total cumulative return in cash at $180,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,307/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07847, Kenvil, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 462 (75.9%) |
| Renter Occupied HU | 121 (19.9%) |
| Vacant Housing Units | 26 ( 4.3%) |
| Median Home Value | $393,706 |
| Average Home Value | $416,196 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
180
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Listed by: Goran Matlijoski • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #4000181