20 Larch DrChesterNJ07930
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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 Chester at 20 Larch Dr, Chester, NJ, 07930 offers $6,095/mo rent that, after a $3,911/mo payment, leaves $400/mo cash flow. Total monthly income is $6,095/mo, and annual cash flow is $4,795/yr on $262,871 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 9.15% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 114.64% and total cumulative return in cash reaches $301,362. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,095/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07930, Chester, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 2,779 (86.3%) |
| Renter Occupied HU | 280 ( 8.7%) |
| Vacant Housing Units | 161 ( 5.0%) |
| Median Home Value | $840,022 |
| Average Home Value | $889,051 |
Housing Distribution
Address Breakdown
Residential
3,032
Single Family
3,032
Multi-Family
0
Businesses
663
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Listed by: Francis Busby • Lattimer Realty
Mls Name: GSMLS
Mls ID: #3981479