15 Barberry WayEssex FellsNJ07021
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
Total monthly income runs $7,090/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 7.4% with $7,090/mo rent. Return on cash invested shows 16.8% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 87.35% and total cumulative return in cash records $325,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,090/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07021, Essex Fells, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 644 (88.8%) |
| Renter Occupied HU | 33 ( 4.6%) |
| Vacant Housing Units | 48 ( 6.6%) |
| Median Home Value | $1,173,729 |
| Average Home Value | $1,298,680 |
Housing Distribution
Address Breakdown
Residential
794
Single Family
794
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VIKRAM VASISHT • PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Mls Name: HCMLS
Mls ID: #250012613
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.