2-8 Harrison StSussexNJ07461
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Nearby investment properties with comparable prices
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 Sussex at 2-8 Harrison St, Sussex, NJ, 07461 at $420,000 posts ROI 20.02% with $13/mo cash flow from $3,007/mo rent. Total monthly income equals $3,007/mo, and annual cash flow records $156/yr on $139,230 to close. Return on cash invested measures 20.02% and rental yield reads 8.59% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 104.66% and total cumulative return in cash totals $145,723.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1850
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07461, Sussex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,474 (100%) |
| Owner Occupied HU | 6,001 (70.8%) |
| Renter Occupied HU | 1,313 (15.5%) |
| Vacant Housing Units | 1,160 (13.7%) |
| Median Home Value | $386,225 |
| Average Home Value | $436,301 |
Housing Distribution
Address Breakdown
Residential
7,223
Single Family
7,182
Multi-Family
41
Businesses
331
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Nearby investment properties with comparable prices
Listed by: Sean Clarkin • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3964911
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