3 Christine CtKinnelonNJ07405
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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
Rental property for sale in Kinnelon at 3 Christine Ct, Kinnelon, NJ, 07405 generates $6,882/mo in rent and, after a $3,548/mo payment, leaves $1,715/mo in cash flow. Total monthly income is $6,882/mo, and annual cash flow is $20,581/yr on $238,492 invested. Return on cash invested sits at 28.69% in year one, and rental yield is 11.39% on a $724,900 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,277 over five years. Five-year ROI reaches 151.15% and total cumulative return in cash sums $360,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
3.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07405, Butler, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 5,399 (76.9%) |
| Renter Occupied HU | 1,364 (19.4%) |
| Vacant Housing Units | 254 ( 3.6%) |
| Median Home Value | $611,884 |
| Average Home Value | $677,545 |
Housing Distribution
Address Breakdown
Residential
6,892
Single Family
6,786
Multi-Family
106
Businesses
617
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Nearby investment properties with comparable prices
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