17 Allister CtLincoln ParkNJ07035
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Nearby investment properties with comparable prices
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 Lincoln Park at 17 Allister Ct, Lincoln Park, NJ, 07035 offers $3,371/mo rent that, after a $2,007/mo payment, leaves $202/mo cash flow. Total monthly income is $3,371/mo, and annual cash flow is $2,428/yr on $135,915 cash. Return on cash invested measures 21.7% in year one, and rental yield stands at 9.87% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 114.45% and total cumulative return in cash reaches $155,555. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,371/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
435.60 sqft lot
$N/A/sqft
$246 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07035, Lincoln Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,232 (100%) |
| Owner Occupied HU | 3,210 (75.9%) |
| Renter Occupied HU | 940 (22.2%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $477,922 |
| Average Home Value | $519,461 |
Housing Distribution
Address Breakdown
Residential
4,174
Single Family
4,160
Multi-Family
14
Businesses
283
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Nearby investment properties with comparable prices
Listed by: Christos Salamandrakis • Weichert Realtors Corp Hq
Mls Name: GSMLS
Mls Provider:
Mls ID: #3916601
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