2 Buckingham RdLincoln ParkNJ07035
Nearby investment properties with comparable rents
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
Rental property for sale in Lincoln Park at 2 Buckingham Rd, Lincoln Park, NJ, 07035 offers $5,079/mo rent that, after a $7,533/mo payment. Total monthly income is $5,079/mo. Return on cash invested measures 6.19% in year one, and rental yield stands at 3.96% at a $1,539,000 entry. Equity gained on principal adds $9,931/yr while 5% annual appreciation compounds into $425,197 by year five. Five-year ROI records 30.45% and total cumulative return in cash reaches $151,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,079/mo property income versus a $7,533/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07035, Lincoln Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,232 (100%) |
| Owner Occupied HU | 3,210 (75.9%) |
| Renter Occupied HU | 940 (22.2%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $477,922 |
| Average Home Value | $519,461 |
Housing Distribution
Address Breakdown
Residential
4,174
Single Family
4,160
Multi-Family
14
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Shuman • Keller Williams Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971657
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.