20 Nokomis AveOaklandNJ07436
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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 Oakland at 20 Nokomis Ave, Oakland, NJ, 07436 listed at $755,000 pairs $5,448/mo rent with a $3,695/mo payment to leave $67/mo cash flow. Total monthly income runs $5,448/mo, and annual cash flow reaches $802/yr on $248,395 cash to close. Return on cash invested measures 20.38% in year one, and rental yield registers 8.66% at a $755,000 basis. Equity gained on principal adds $4,872/yr, and annual property appreciation at 5% supports $208,593 by year five. Five-year ROI tracks 106.59% and total cumulative return in cash totals $264,759. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,448/mo property income relative to a $3,695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Laura Bilodeau • Keller Williams Village Square
Mls Name: GSMLS
Mls Provider:
Mls ID: #3977226
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