15 Green StFranklinNJ07416
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
Rental property for sale in Franklin at 15 Green St, Franklin, NJ, 07416 priced at $388,500 converts $3,037/mo rent into $267/mo cash flow after a $1,902/mo obligation. Total monthly income equals $3,037/mo, and annual cash flow totals $3,208/yr on $128,788 invested. Return on cash invested prints 22.4% in year one, and rental yield reads 9.38% against a $388,500 entry. Equity gained on principal adds $2,507/yr, while 5% annual appreciation compiles into $107,335 by year five. Five-year ROI reaches 117.44% and total cumulative return in cash sums $151,253. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,037/mo property income covering a $1,902/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07416, Franklin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,648 (63.1%) |
| Renter Occupied HU | 697 (26.7%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $313,760 |
| Average Home Value | $346,314 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,170
Multi-Family
141
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A