179 Jasmine Dr BLDG 12 #1215WarrenNJ07059
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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 Warren at 179 Jasmine Dr BLDG 12 #1215, Warren, NJ, 07059 offers a 6.48% rental yield on a $739,865 purchase with $3,997/mo rent. 77% in year one. Equity gained on principal adds $4,774/yr while 5% annual appreciation supports $204,411 over five years. Portfolio math shows five-year ROI at 71.12% and total cumulative return in cash at $173,128. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,997/mo property income against a $3,621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
24.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Housing Distribution
Address Breakdown
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
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Listed by: June Branagan • Landarama Inc.
Mls Name: GSMLS
Mls ID: #3974657