17 Beechwood Rd, Florham Park, NJ, 07932 | 7.71% Rental Yield

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17 Beechwood Rd, Florham Park, NJ, 07932 | 7.71% Rental Yield | Ziffy

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 Florham Park at 17 Beechwood Rd, Florham Park, NJ, 07932 priced at $699,000 pairs $4,489/mo rent with after a $3,421/mo payment. Total monthly income equals $4,489/mo. Return on cash invested is 17.49% in year one, and rental yield stands at 7.71% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 91.06% and total cumulative return in cash reaches $209,402. For financing, Ziffy Mortgage’s DSCR program evaluates $4,489/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1957

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Stylish and renovated 3-bedroom, 1-bath split-level home in a highly desirable neighborhood. This home has been thoughtfully updated with high-quality materials and attention to detail throughout. Head inside from the beautifully manicured lawn to warm hardwood floors and an abundance of natural light streaming through the windows. The kitchen features recently installed granite countertops and back splash, and stainless steel appliances. Upstairs you'll find three comfortable bedrooms and a full bathroom. The lower level includes family room with newly created coffee bar, a laundry room, and access to a sunny deep backyard area ideal for relaxing or entertaining. Ample storage space is available both inside and out. Great home on the Chatham Madison Border of Florham Park. Easy access to Highways, Shopping and NYC train. Low taxes in desirable neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07932, Florham Park, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,303 (100%)
Owner Occupied HU	3,361 (63.4%)
Renter Occupied HU	1,590 (30.0%)
Vacant Housing Units	352 ( 6.6%)
Median Home Value	$847,266
Average Home Value	$919,098