18 Joline RoadKendall ParkNJ08824
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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 Kendall Park at 18 Joline Road, Kendall Park, NJ, 08824 earns $504/mo cash flow from $3,989/mo rent with a $2,393/mo payment. Total monthly income totals $3,989/mo, and annual cash flow totals $6,047/yr on $162,104 capital. ROI tracks 23.64% on current figures, and rental yield reads 9.79% at a $489,000 purchase. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 over five years. Five-year ROI reaches 124.07% and total cumulative return in cash sums $201,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,989/mo property income instead of your personal income.
Single Family
Built in 1958
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08824, Kendall Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,850 (85.3%) |
| Renter Occupied HU | 573 (12.7%) |
| Vacant Housing Units | 88 ( 2.0%) |
| Median Home Value | $655,592 |
| Average Home Value | $679,247 |
Housing Distribution
Address Breakdown
Residential
4,420
Single Family
4,337
Multi-Family
83
Businesses
272
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Listed by: Susan Marcrie • RE/MAX Innovation
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509570
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.