17 Horsehill RdCedar KnollsNJ07927
Nearby investment properties with comparable rents
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
Investment property for sale in Cedar Knolls at 17 Horsehill Rd, Cedar Knolls, NJ, 07927 offers a 11.84% rental yield on a $525,000 purchase with $5,179/mo rent. Total monthly income registers $5,179/mo, and a $2,570/mo payment leaves $1,437/mo available for distribution. Annual cash flow reaches $17,238/yr on $172,725 to close, and return on cash invested stands at 30.04% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 158.39% and total cumulative return in cash at $273,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,179/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07927, Cedar Knolls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,252 (67.5%) |
| Renter Occupied HU | 539 (29.1%) |
| Vacant Housing Units | 64 ( 3.5%) |
| Median Home Value | $639,865 |
| Average Home Value | $654,393 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,656
Multi-Family
56
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caroline Farnsworth • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4000609