26 Deerfield DrLafayetteNJ07848
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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 Lafayette at 26 Deerfield Dr, Lafayette, NJ, 07848 with 5% annual appreciation on a $149,900 basis while $2,795/mo rent supports operations. Total monthly income totals $2,795/mo and a $734/mo payment preserves $1,726/mo for cash returns. Annual cash flow comes to $20,715/yr on $49,692 deployed, and return on cash invested reaches 61.6% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 22.37%. Five-year ROI measures 327.7% and total cumulative return in cash totals $162,839.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,795/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
5,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
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Listed by: Morisa Herrick • Carriage Mobile Homes, Inc.
Mls Name: My State MLS
Mls ID: #11236695