16 Slope DrCedar KnollsNJ07927
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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 Cedar Knolls at 16 Slope Dr, Cedar Knolls, NJ, 07927 earns $84/mo cash flow from $6,492/mo rent with a $4,400/mo payment. Total monthly income totals $6,492/mo, and annual cash flow totals $1,011/yr on $295,771 capital. ROI tracks 20.4% on current figures, and rental yield reads 8.67% at a $899,000 purchase. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 over five years. Five-year ROI reaches 106.7% and total cumulative return in cash sums $315,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,492/mo property income instead of your personal income.
Single Family
Built in 1974
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07927, Cedar Knolls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,252 (67.5%) |
| Renter Occupied HU | 539 (29.1%) |
| Vacant Housing Units | 64 ( 3.5%) |
| Median Home Value | $639,865 |
| Average Home Value | $654,393 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,656
Multi-Family
56
Businesses
376
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Listed by: Bernadette Sussman • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3985994