14 School LaneRooseveltNJ08555
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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
Investment property for sale in Roosevelt at 14 School Lane, Roosevelt, NJ, 08555 listed at $419,000 pairs $3,972/mo rent with a $2,051/mo payment to leave $985/mo cash flow. Total monthly income runs $3,972/mo, and annual cash flow reaches $11,823/yr on $138,899 cash to close. Return on cash invested measures 28.42% in year one, and rental yield registers 11.38% at a $419,000 basis. Equity gained on principal adds $2,704/yr, and annual property appreciation at 5% supports $115,762 by year five. Five-year ROI tracks 149.74% and total cumulative return in cash totals $207,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,972/mo property income relative to a $2,051/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08555, Roosevelt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 319 (100%) |
| Owner Occupied HU | 265 (83.1%) |
| Renter Occupied HU | 30 ( 9.4%) |
| Vacant Housing Units | 24 ( 7.5%) |
| Median Home Value | $449,432 |
| Average Home Value | $505,075 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
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Listed by: Salvatore Ventre • Real Broker, LLC- Point P
Mls Name: MoreMLS
Mls ID: #22525618