27 Anderson PkwyCedar GroveNJ07009
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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 Cedar Grove at 27 Anderson Pkwy, Cedar Grove, NJ, 07009 earns $432/mo cash flow from $4,830/mo rent with a $3,020/mo payment. Total monthly income totals $4,830/mo, and annual cash flow totals $5,184/yr on $202,993 capital. ROI tracks 22.61% on current figures, and rental yield reads 9.39% at a $617,000 purchase. Equity gained on principal adds $3,981/yr, and 5% annual appreciation supports $170,466 over five years. Five-year ROI reaches 118.58% and total cumulative return in cash sums $240,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,830/mo property income instead of your personal income.
Single Family
Built in 1951
2,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
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Listed by: Julie Salmon • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3981775