21 Reservoir RdRockawayNJ07866
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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
Investment property for sale in Rockaway at 21 Reservoir Rd, Rockaway, NJ, 07866 at $779,000 posts ROI 22.95% with $617/mo cash flow from $6,170/mo rent. Total monthly income equals $6,170/mo, and annual cash flow records $7,407/yr on $256,291 to close. Return on cash invested measures 22.95% and rental yield reads 9.5% at the current $779,000. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 by year five. Five-year ROI prints 120.37% and total cumulative return in cash totals $308,486.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1955
0.32 Acres 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: Adam Kamenman • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4006858