26 Sierra PlSpartaNJ07871
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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 Sparta at 26 Sierra Pl, Sparta, NJ, 07871 offers a 10.51% rental yield on a $514,900 purchase with $4,508/mo rent. Total monthly income registers $4,508/mo, and a $2,520/mo payment leaves $838/mo available for distribution. Annual cash flow reaches $10,057/yr on $169,402 to close, and return on cash invested stands at 26% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,257 over five years. Portfolio math shows five-year ROI at 136.72% and total cumulative return in cash at $231,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,508/mo property income against a $2,520/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07871, Sparta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 6,962 (83.5%) |
| Renter Occupied HU | 812 ( 9.7%) |
| Vacant Housing Units | 562 ( 6.7%) |
| Median Home Value | $516,298 |
| Average Home Value | $570,365 |
Housing Distribution
Address Breakdown
Residential
8,097
Single Family
7,957
Multi-Family
140
Businesses
887
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Listed by: Kimberly Lasalandra • Bhgre Green Team
Mls Name: GSMLS
Mls ID: #3973899