13 S Brookside DrRockawayNJ07866
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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 Rockaway at 13 S Brookside Dr, Rockaway, NJ, 07866 offers $3,948/mo rent that, after a $2,851/mo payment. Total monthly income is $3,948/mo. Return on cash invested measures 18.41% in year one, and rental yield stands at 8.13% at a $582,500 entry. Equity gained on principal adds $3,759/yr while 5% annual appreciation compounds into $160,934 by year five. Five-year ROI records 96.15% and total cumulative return in cash reaches $184,261. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,948/mo property income versus a $2,851/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07866, Rockaway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 7,428 (77.6%) |
| Renter Occupied HU | 1,721 (18.0%) |
| Vacant Housing Units | 428 ( 4.5%) |
| Median Home Value | $482,983 |
| Average Home Value | $538,570 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
9,016
Multi-Family
9
Businesses
949
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