23 Hillside AveFlandersNJ07836
Nearby investment properties with comparable rents
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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
Rental property for sale in Flanders at 23 Hillside Ave, Flanders, NJ, 07836 offers $2,482/mo rent that, after a $1,786/mo payment. Total monthly income is $2,482/mo. Return on cash invested measures 18.73% in year one, and rental yield stands at 8.16% at a $364,900 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,815 by year five. Five-year ROI records 97.78% and total cumulative return in cash reaches $118,284. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,482/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07836, Flanders, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 3,445 (66.9%) |
| Renter Occupied HU | 1,539 (29.9%) |
| Vacant Housing Units | 167 ( 3.2%) |
| Median Home Value | $580,259 |
| Average Home Value | $623,827 |
Housing Distribution
Address Breakdown
Residential
4,827
Single Family
4,717
Multi-Family
110
Businesses
441
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Listed by: Nicholaus Miller • Kistle Realty, Llc.
Mls Name: GSMLS
Mls ID: #3981778