17 2Nd StFrenchtownNJ08825
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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 Frenchtown at 17 2Nd St, Frenchtown, NJ, 08825 offers $3,257/mo rent that, after a $2,687/mo payment. Total monthly income is $3,257/mo. Return on cash invested measures 15.7% in year one, and rental yield stands at 7.12% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 81.48% and total cumulative return in cash reaches $147,164. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,257/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08825, Frenchtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,179 (100%) |
| Owner Occupied HU | 1,457 (66.9%) |
| Renter Occupied HU | 541 (24.8%) |
| Vacant Housing Units | 181 ( 8.3%) |
| Median Home Value | $544,773 |
| Average Home Value | $630,009 |
Housing Distribution
Address Breakdown
Residential
2,022
Single Family
1,960
Multi-Family
62
Businesses
214
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Listed by: Nicole Kulp • River Valley Realty Llc
Mls Name: GSMLS
Mls ID: #3994723