27 Marlin AvePequannockNJ07440
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
Rental property for sale in Pequannock at 27 Marlin Ave, Pequannock, NJ, 07440 priced at $699,321 pairs $2,274/mo rent with after a $3,423/mo payment. Total monthly income equals $2,274/mo. Return on cash invested is 5.92% in year one, and rental yield stands at 3.9% on a $699,321 basis. Equity gained on principal adds $4,513/yr, and 5% annual appreciation accumulates to $193,210 by year five. Five-year ROI measures 29.05% and total cumulative return in cash reaches $66,846. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $3,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07440, Pequannock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 1,427 (83.7%) |
| Renter Occupied HU | 253 (14.8%) |
| Vacant Housing Units | 25 ( 1.5%) |
| Median Home Value | $594,053 |
| Average Home Value | $676,384 |
Housing Distribution
Address Breakdown
Residential
1,664
Single Family
1,524
Multi-Family
140
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annmarie Degeorge • Bhhs Gross And Jansen Realtors
Mls Name: GSMLS
Mls ID: #4000309