247 Hillside AveChathamNJ07928
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
Investment property for sale in Chatham at 247 Hillside Ave, Chatham, NJ, 07928 listed at $925,000 pairs $5,317/mo rent with a $4,527/mo payment. Total monthly income runs $5,317/mo. Return on cash invested measures 15.03% in year one, and rental yield registers 6.9% at a $925,000 basis. Equity gained on principal adds $5,969/yr, and annual property appreciation at 5% supports $255,560 by year five. Five-year ROI tracks 77.89% and total cumulative return in cash totals $237,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,317/mo property income relative to a $4,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Flanagan • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4002664