202 Fredon Springdale RdNewtonNJ07860
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
Investment property for sale in Newton at 202 Fredon Springdale Rd, Newton, NJ, 07860 earns from $3,074/mo rent with a $5,360/mo payment. Total monthly income totals $3,074/mo. ROI tracks 4.37% on current figures, and rental yield reads 3.37% at a $1,095,095 purchase. Equity gained on principal adds $7,066/yr, and 5% annual appreciation supports $302,555 over five years. Five-year ROI reaches 20.67% and total cumulative return in cash sums $73,323. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,074/mo property income instead of your personal income.
Single Family
Built in 1990
12.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07860, Newton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,522 (100%) |
| Owner Occupied HU | 7,842 (68.1%) |
| Renter Occupied HU | 2,585 (22.4%) |
| Vacant Housing Units | 1,095 ( 9.5%) |
| Median Home Value | $417,121 |
| Average Home Value | $473,838 |
Housing Distribution
Address Breakdown
Residential
10,469
Single Family
9,799
Multi-Family
670
Businesses
829
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Nearby investment properties with comparable prices
Listed by: Debra Kistle • Kistle Realty, Llc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3960894
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