2108 Franklin LnRockawayNJ07866
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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 2108 Franklin Ln, Rockaway, NJ, 07866 listed at $325,000 pairs $2,666/mo rent with a $1,591/mo payment to leave $319/mo cash flow. Total monthly income runs $2,666/mo, and annual cash flow reaches $3,829/yr on $107,738 cash to close. Return on cash invested measures 23.46% in year one, and rental yield registers 9.84% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 123.29% and total cumulative return in cash totals $132,829. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,666/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
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: Sueanne Sylvester • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3991101
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