30 Scenic DrAndoverNJ07821
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
Investment property for sale in Andover at 30 Scenic Dr, Andover, NJ, 07821 earns from $2,628/mo rent with a $1,859/mo payment. Total monthly income totals $2,628/mo. ROI tracks 14.58% on current figures, and rental yield reads 8.3% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 77.2% and total cumulative return in cash sums $97,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,628/mo property income instead of your personal income.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07821, Andover, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,089 (78.3%) |
| Renter Occupied HU | 407 (10.3%) |
| Vacant Housing Units | 448 (11.4%) |
| Median Home Value | $451,606 |
| Average Home Value | $492,629 |
Housing Distribution
Address Breakdown
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
213
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Nearby investment properties with comparable prices
Listed by: Karen Glowacki • Bhhs Gross And Jansen Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #4001708
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