2 Robert StFlandersNJ07836
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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
Rental property for sale in Flanders at 2 Robert St, Flanders, NJ, 07836 priced at $590,000 converts $2,482/mo rent into after a $2,888/mo obligation. Total monthly income equals $2,482/mo. Return on cash invested prints 9.4% in year one, and rental yield reads 5.05% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 47.73% and total cumulative return in cash sums $92,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,482/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07836, Flanders, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 3,445 (66.9%) |
| Renter Occupied HU | 1,539 (29.9%) |
| Vacant Housing Units | 167 ( 3.2%) |
| Median Home Value | $580,259 |
| Average Home Value | $623,827 |
Housing Distribution
Address Breakdown
Residential
4,827
Single Family
4,717
Multi-Family
110
Businesses
441
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Listed by: Dulce Ruivo • Re/Max Heritage Properties
Mls Name: GSMLS
Mls ID: #4002852