176 Green AveMadisonNJ07940
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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 Madison at 176 Green Ave, Madison, NJ, 07940 priced at $1,925,000 pairs $6,401/mo rent with after a $9,422/mo payment. Total monthly income equals $6,401/mo. Return on cash invested is 6.29% in year one, and rental yield stands at 3.99% on a $1,925,000 basis. Equity gained on principal adds $12,422/yr, and 5% annual appreciation accumulates to $531,842 by year five. Five-year ROI measures 30.95% and total cumulative return in cash reaches $193,012. For financing, Ziffy Mortgage’s DSCR program evaluates $6,401/mo property income against a $9,422/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07940, Madison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 3,918 (64.3%) |
| Renter Occupied HU | 1,929 (31.7%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $912,115 |
| Average Home Value | $1,040,997 |
Housing Distribution
Address Breakdown
Residential
5,860
Single Family
5,539
Multi-Family
321
Businesses
573
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Listed by: Meghan Mullin • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3978230