27 Center St.BernardsvilleNJ07924
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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
Rental property for sale in Bernardsville at 27 Center St, Bernardsville, NJ, 07924 priced at $629,900 pairs $4,330/mo rent with after a $3,083/mo payment. Total monthly income equals $4,330/mo. Return on cash invested is 19.14% in year one, and rental yield stands at 8.25% on a $629,900 basis. Equity gained on principal adds $4,065/yr, and 5% annual appreciation accumulates to $174,030 by year five. Five-year ROI measures 99.92% and total cumulative return in cash reaches $207,063. For financing, Ziffy Mortgage’s DSCR program evaluates $4,330/mo property income against a $3,083/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07924, Bernardsville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,883 (100%) |
| Owner Occupied HU | 2,286 (79.3%) |
| Renter Occupied HU | 446 (15.5%) |
| Vacant Housing Units | 151 ( 5.2%) |
| Median Home Value | $868,827 |
| Average Home Value | $990,857 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,699
Multi-Family
39
Businesses
434
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Listed by: Diane K Quinn • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3983593