3 Adelina CtCedar GroveNJ07009
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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
Total monthly income runs $5,400/mo, and a $4,503/mo payment. Purchase price stands at $920,000, and rental yield measures 7.04% with $5,400/mo rent. Return on cash invested shows 15.47% in year one, and 5% annual appreciation builds toward $254,179 over five years. Five-year ROI reaches 80.26% and total cumulative return in cash records $242,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,400/mo property income covering a $4,503/mo payment rather than investor’s personal income.
Single Family
Built in 1999
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
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Listed by: Leslie Kunkin • West Of Hudson Real Estate
Mls Name: GSMLS
Mls ID: #4005701