24 Langley RdKendall ParkNJ08824
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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 Kendall Park at 24 Langley Rd, Kendall Park, NJ, 08824 priced at $649,900 pairs $4,534/mo rent with after a $3,181/mo payment. Total monthly income equals $4,534/mo. Return on cash invested is 19.51% in year one, and rental yield stands at 8.37% on a $649,900 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,555 by year five. Five-year ROI measures 101.9% and total cumulative return in cash reaches $217,890. For financing, Ziffy Mortgage’s DSCR program evaluates $4,534/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08824, Kendall Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,850 (85.3%) |
| Renter Occupied HU | 573 (12.7%) |
| Vacant Housing Units | 88 ( 2.0%) |
| Median Home Value | $655,592 |
| Average Home Value | $679,247 |
Housing Distribution
Address Breakdown
Residential
4,420
Single Family
4,337
Multi-Family
83
Businesses
272
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Listed by: MARY W. SABA • QUEENSTON REALTY
Mls Name: All Jersey MLS
Mls ID: #2604865R