27 Stemmer DrClarkNJ07066
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 Clark at 27 Stemmer Dr, Clark, NJ, 07066 generates $6,007/mo in rent, after a $7,826/mo payment. Total monthly income is $6,007/mo. Return on cash invested sits at 7.88% in year one, and rental yield is 4.51% on a $1,599,000 entry. Equity gained on principal adds $10,318/yr, while 5% annual appreciation builds toward $441,774 over five years. Five-year ROI reaches 39.52% and total cumulative return in cash sums $204,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,007/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Housing Distribution
Address Breakdown
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Martinetti • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #4001017