26 Garnett PlNorwoodNJ07648
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 Norwood at 26 Garnett Pl, Norwood, NJ, 07648 earns from $4,280/mo rent with a $5,873/mo payment. Total monthly income totals $4,280/mo. ROI tracks 7.18% on current figures, and rental yield reads 4.28% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 35.75% and total cumulative return in cash sums $138,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,280/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07648, Norwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,135 (100%) |
| Owner Occupied HU | 1,711 (80.1%) |
| Renter Occupied HU | 345 (16.2%) |
| Vacant Housing Units | 79 ( 3.7%) |
| Median Home Value | $730,032 |
| Average Home Value | $823,280 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,078
Multi-Family
136
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Gloria • Elite Associates
Mls Name: NJMLS
Mls ID: #25025602