17 Indian TrlSpartaNJ07871
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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 Sparta at 17 Indian Trl, Sparta, NJ, 07871 with 5% annual appreciation on a $485,000 basis while $4,630/mo rent supports operations. Total monthly income totals $4,630/mo and a $2,374/mo payment preserves $1,173/mo for cash returns. Annual cash flow comes to $14,074/yr on $160,778 deployed, and return on cash invested reaches 28.66% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 11.46%. Five-year ROI measures 151.01% and total cumulative return in cash totals $242,786.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,630/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07871, Sparta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 6,962 (83.5%) |
| Renter Occupied HU | 812 ( 9.7%) |
| Vacant Housing Units | 562 ( 6.7%) |
| Median Home Value | $516,298 |
| Average Home Value | $570,365 |
Housing Distribution
Address Breakdown
Residential
8,097
Single Family
7,957
Multi-Family
140
Businesses
887
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Listed by: Cara Mccarthy • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3988726