208 Fischer CtRockawayNJ07866
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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 Rockaway at 208 Fischer Ct, Rockaway, NJ, 07866 with 5% annual appreciation on a $534,900 basis while $3,984/mo rent supports operations. Total monthly income totals $3,984/mo and a $2,618/mo payment preserves $171/mo for cash returns. Annual cash flow comes to $2,057/yr on $175,982 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,783 alongside rental yield of 8.94%. Five-year ROI measures 111.14% and total cumulative return in cash totals $195,585.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,984/mo property income versus a $2,618/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07866, Rockaway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 7,428 (77.6%) |
| Renter Occupied HU | 1,721 (18.0%) |
| Vacant Housing Units | 428 ( 4.5%) |
| Median Home Value | $482,983 |
| Average Home Value | $538,570 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
9,016
Multi-Family
9
Businesses
949
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Listed by: Jennifer Hyatt • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3991780