275 Forbes StRahwayNJ07065
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 Rahway at 275 Forbes St, Rahway, NJ, 07065 offers $2,710/mo rent that, after a $1,953/mo payment. Total monthly income is $2,710/mo. Return on cash invested measures 18.69% in year one, and rental yield stands at 8.15% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 97.55% and total cumulative return in cash reaches $129,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,710/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07065, Rahway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,853 (100%) |
| Owner Occupied HU | 6,378 (49.6%) |
| Renter Occupied HU | 5,647 (43.9%) |
| Vacant Housing Units | 828 ( 6.4%) |
| Median Home Value | $444,389 |
| Average Home Value | $517,431 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
9,363
Multi-Family
3,009
Businesses
904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KATHERINE MARANINO • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2607166R