2 Orchard RdFlorham ParkNJ07932
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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 Florham Park at 2 Orchard Rd, Florham Park, NJ, 07932 at $799,000 posts ROI 18.76% with from $5,410/mo rent. Total monthly income equals $5,410/mo. Return on cash invested measures 18.76% and rental yield reads 8.13% at the current $799,000. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 by year five. Five-year ROI prints 97.87% and total cumulative return in cash totals $257,274. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,410/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07932, Florham Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,361 (63.4%) |
| Renter Occupied HU | 1,590 (30.0%) |
| Vacant Housing Units | 352 ( 6.6%) |
| Median Home Value | $847,266 |
| Average Home Value | $919,098 |
Housing Distribution
Address Breakdown
Residential
5,407
Single Family
5,230
Multi-Family
177
Businesses
729
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Listed by: Kimberly Thomas • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #4000059