172 Briarheath LnClarkNJ07066
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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
Rental property for sale in Clark at 172 Briarheath Ln, Clark, NJ, 07066 generates $4,920/mo in rent, after a $7,337/mo payment. Total monthly income is $4,920/mo. Return on cash invested sits at 6.13% in year one, and rental yield is 3.94% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 30.1% and total cumulative return in cash sums $146,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,920/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Housing Distribution
Address Breakdown
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
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Listed by: Martin Hwang • Kingstone Realty LLC
Mls Name: NJMLS
Mls ID: #26001728