26 Hawthorne DrNew ProvidenceNJ07974
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 New Providence at 26 Hawthorne Dr, New Providence, NJ, 07974 at $699,000 posts ROI 22.62% with $491/mo cash flow from $5,473/mo rent. Total monthly income equals $5,473/mo, and annual cash flow records $5,891/yr on $229,971 to close. Return on cash invested measures 22.62% and rental yield reads 9.4% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 118.59% and total cumulative return in cash totals $272,726.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,473/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07974, New Providence, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,464 (100%) |
| Owner Occupied HU | 3,951 (72.3%) |
| Renter Occupied HU | 1,077 (19.7%) |
| Vacant Housing Units | 436 ( 8.0%) |
| Median Home Value | $778,509 |
| Average Home Value | $819,407 |
Housing Distribution
Address Breakdown
Residential
4,811
Single Family
4,457
Multi-Family
354
Businesses
404
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Nearby investment properties with comparable prices
Listed by: Nicholas Godwin • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956908
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