2442 Terrill RdUnionNJ07083
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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
Investment property for sale in Union at 2442 Terrill Rd, Union, NJ, 07083 earns from $3,914/mo rent with a $2,691/mo payment. Total monthly income totals $3,914/mo. ROI tracks 20.03% on current figures, and rental yield reads 8.54% at a $549,900 purchase. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 over five years. Five-year ROI reaches 104.67% and total cumulative return in cash sums $189,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,914/mo property income instead of your personal income.
Single Family
Built in 1960
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Housing Distribution
Address Breakdown
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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Listed by: Honorata L. Paz • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4004050