205 Rachel CtFranklin ParkNJ08823
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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 Franklin Park at 205 Rachel Ct, Franklin Park, NJ, 08823 earns $628/mo cash flow from $3,000/mo rent with a $1,629/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $7,530/yr on $110,356 capital. ROI tracks 26.73% on current figures, and rental yield reads 10.81% at a $332,900 purchase. Equity gained on principal adds $2,148/yr, and 5% annual appreciation supports $91,974 over five years. Five-year ROI reaches 140.68% and total cumulative return in cash sums $155,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08823, Franklin Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,571 (66.4%) |
| Renter Occupied HU | 1,174 (30.3%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $394,233 |
| Average Home Value | $447,268 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,847
Multi-Family
0
Businesses
167
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Listed by: Barrington Nelson • Century 21 Abrams & Associates
Mls Name: GSMLS
Mls ID: #3968881