205 West LaneClarkNJ07066
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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
Rental property for sale in Clark at 205 West Lane, Clark, NJ, 07066 priced at $639,000 pairs $4,920/mo rent with $365/mo cash flow after a $3,128/mo payment. Total monthly income equals $4,920/mo, and annual cash flow comes to $4,379/yr on $210,231 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 9.24% on a $639,000 basis. Equity gained on principal adds $4,123/yr, and 5% annual appreciation accumulates to $176,544 by year five. Five-year ROI measures 116.02% and total cumulative return in cash reaches $243,916. For financing, Ziffy Mortgage’s DSCR program evaluates $4,920/mo property income against a $3,128/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Housing Distribution
Address Breakdown
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
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Listed by: Lori Ann Kazanowski • Daunno Realty Services Llc
Mls Name: GSMLS
Mls ID: #4008269