139 Rachel CtFranklin ParkNJ08823
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 Franklin Park at 139 Rachel Ct, Franklin Park, NJ, 08823 earns $375/mo cash flow from $2,970/mo rent with a $1,782/mo payment. Total monthly income totals $2,970/mo, and annual cash flow totals $4,501/yr on $120,666 capital. ROI tracks 23.64% on current figures, and rental yield reads 9.79% at a $364,000 purchase. Equity gained on principal adds $2,349/yr, and 5% annual appreciation supports $100,566 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash sums $149,765. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,970/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08823, Franklin Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,571 (66.4%) |
| Renter Occupied HU | 1,174 (30.3%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $394,233 |
| Average Home Value | $447,268 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,847
Multi-Family
0
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abdulbaset Abdulla • Weichert Realtors - Princeton
Mls Name: Bright MLS
Mls ID: #NJSO2005082