276 W Main StRockawayNJ07866
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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 Rockaway at 276 W Main St, Rockaway, NJ, 07866 listed at $459,000 pairs $0/mo rent with a $2,247/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.9% in year one, and rental yield registers 0% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07866, Rockaway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 7,428 (77.6%) |
| Renter Occupied HU | 1,721 (18.0%) |
| Vacant Housing Units | 428 ( 4.5%) |
| Median Home Value | $482,983 |
| Average Home Value | $538,570 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
9,016
Multi-Family
9
Businesses
949
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No similar rental properties found nearby.
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Listed by: Jean Cosentino • C-21 Christel Realty
Mls Name: GSMLS
Mls ID: #3980765