22 Symington AveLivingstonNJ07039
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
Rental property for sale in Livingston at 22 Symington Ave, Livingston, NJ, 07039 priced at $1,698,000 converts $4,405/mo rent into after a $8,311/mo obligation. Total monthly income equals $4,405/mo. Return on cash invested prints 3.58% in year one, and rental yield reads 3.11% against a $1,698,000 entry. Equity gained on principal adds $10,957/yr, while 5% annual appreciation compiles into $469,126 by year five. Five-year ROI reaches 16.43% and total cumulative return in cash sums $90,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,405/mo property income covering a $8,311/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07039, Livingston, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,719 (100%) |
| Owner Occupied HU | 9,255 (86.3%) |
| Renter Occupied HU | 1,183 (11.0%) |
| Vacant Housing Units | 281 ( 2.6%) |
| Median Home Value | $837,618 |
| Average Home Value | $942,061 |
Housing Distribution
Address Breakdown
Residential
10,981
Single Family
9,820
Multi-Family
1,161
Businesses
1,441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Dang • Garden Home Realty
Mls Name: GSMLS
Mls ID: #3981626