26 Constitution WayFranklinNJ07416
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
Rental property for sale in Franklin at 26 Constitution Way, Franklin, NJ, 07416 priced at $292,500 converts $2,040/mo rent into after a $1,432/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 15.45% in year one, and rental yield reads 8.37% against a $292,500 entry. Equity gained on principal adds $1,887/yr, while 5% annual appreciation compiles into $80,812 by year five. Five-year ROI reaches 81.58% and total cumulative return in cash sums $79,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,432/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
435.60 sqft lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07416, Franklin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,648 (63.1%) |
| Renter Occupied HU | 697 (26.7%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $313,760 |
| Average Home Value | $346,314 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,170
Multi-Family
141
Businesses
248
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Nearby investment properties with comparable prices
Listed by: Katherine Mancino • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3981177
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