168 W Shore TrlSpartaNJ07871
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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
Rental property for sale in Sparta at 168 W Shore Trl, Sparta, NJ, 07871 priced at $465,000 converts $3,728/mo rent into $414/mo cash flow after a $2,276/mo obligation. Total monthly income equals $3,728/mo, and annual cash flow totals $4,962/yr on $154,148 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 9.62% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 121.34% and total cumulative return in cash sums $187,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,728/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07871, Sparta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 6,962 (83.5%) |
| Renter Occupied HU | 812 ( 9.7%) |
| Vacant Housing Units | 562 ( 6.7%) |
| Median Home Value | $516,298 |
| Average Home Value | $570,365 |
Housing Distribution
Address Breakdown
Residential
8,097
Single Family
7,957
Multi-Family
140
Businesses
887
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Listed by: Tara Rodriguez • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #3975539