16 Herron Ct, Harrington Park, NJ, 07640 | 4.99% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Harrington Park at 16 Herron Ct, Harrington Park, NJ, 07640 priced at $1,299,000 converts $5,400/mo rent into after a $6,358/mo obligation. Total monthly income equals $5,400/mo. Return on cash invested prints 9.37% in year one, and rental yield reads 4.99% against a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation compiles into $358,890 by year five. Five-year ROI reaches 47.47% and total cumulative return in cash sums $199,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,400/mo property income covering a $6,358/mo payment, not borrower’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA