15 Slingerland AvePequannockNJ07440
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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 Pequannock at 15 Slingerland Ave, Pequannock, NJ, 07440 listed at $660,000 pairs $4,742/mo rent with a $3,230/mo payment to leave $38/mo cash flow. Total monthly income runs $4,742/mo, and annual cash flow reaches $456/yr on $217,140 cash to close. Return on cash invested measures 20.27% in year one, and rental yield registers 8.62% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 105.98% and total cumulative return in cash totals $230,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,742/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07440, Pequannock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 1,427 (83.7%) |
| Renter Occupied HU | 253 (14.8%) |
| Vacant Housing Units | 25 ( 1.5%) |
| Median Home Value | $594,053 |
| Average Home Value | $676,384 |
Housing Distribution
Address Breakdown
Residential
1,664
Single Family
1,524
Multi-Family
140
Businesses
163
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Listed by: Nancy Pavic • Casa Real Property Group Llc
Mls Name: GSMLS
Mls ID: #4004086