22 Hissim RdGreat MeadowsNJ07838
Nearby investment properties with comparable rents
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 Great Meadows at 22 Hissim Rd, Great Meadows, NJ, 07838 at $598,500 posts ROI 24.38% with $709/mo cash flow from $4,975/mo rent. Total monthly income equals $4,975/mo, and annual cash flow records $8,512/yr on $196,907 to close. Return on cash invested measures 24.38% and rental yield reads 9.97% at the current $598,500. Equity gained on principal adds $3,862/yr, and 5% annual appreciation supports $165,355 by year five. Five-year ROI prints 128.05% and total cumulative return in cash totals $252,141.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,975/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 1,049 (79.7%) |
| Renter Occupied HU | 175 (13.3%) |
| Vacant Housing Units | 92 ( 7.0%) |
| Median Home Value | $452,429 |
| Average Home Value | $501,930 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Kruk • Re/Max Town & Valley Ii
Mls Name: GSMLS
Mls ID: #3985035