24 Fox Hunt DrRockawayNJ07866
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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 Rockaway at 24 Fox Hunt Dr, Rockaway, NJ, 07866 generates $4,012/mo in rent, after a $2,937/mo payment. Total monthly income is $4,012/mo. Return on cash invested sits at 16.47% in year one, and rental yield is 8.02% on a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 86.33% and total cumulative return in cash sums $170,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,012/mo property income rather than buyer’s personal income.
Townhouse
Built in 1997
3,484 sqft lot
$N/A/sqft
$325 monthly 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: Jennifer Pickett • Compass New Jersey Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3955400
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