207 Eileen DrCedar GroveNJ07009
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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 Cedar Grove at 207 Eileen Dr, Cedar Grove, NJ, 07009 with 5% annual appreciation on a $1,525,000 basis while $6,396/mo rent supports operations. 5% in year one. Equity gained on principal adds $9,841/yr, and five-year appreciation sums $421,329 alongside rental yield of 5.03%. Five-year ROI measures 48.22% and total cumulative return in cash totals $238,236. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,396/mo property income versus a $7,464/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
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Listed by: Michael N Todaro • Serhant New Jersey Llc
Mls Name: GSMLS
Mls ID: #4004268