17 Chestnut CtCedar GroveNJ07009
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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 Grove at 17 Chestnut Ct, Cedar Grove, NJ, 07009 at $945,000 posts ROI 16.83% with from $5,899/mo rent. Total monthly income equals $5,899/mo. Return on cash invested measures 16.83% and rental yield reads 7.49% at the current $945,000. Equity gained on principal adds $6,098/yr, and 5% annual appreciation supports $261,086 by year five. Five-year ROI prints 87.54% and total cumulative return in cash totals $272,176. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,899/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2004
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
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Nearby investment properties with comparable prices
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