309 North RdChesterNJ07930
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 309 North Rd, Chester, NJ, 07930 in Chester earns a 9.43% gross yield at $849,000. Rent of $6,674/mo nets $623/mo after the $3,818/mo mortgage. The 1.75 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $234,563 and $7,819/yr in equity accumulation project a total cumulative return of $365,429.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $623 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,674 |
| Total Monthly Debt Service | $5,714 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07930, Chester, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 2,779 (86.3%) |
| Renter Occupied HU | 280 ( 8.7%) |
| Vacant Housing Units | 161 ( 5.0%) |
| Median Home Value | $840,022 |
| Average Home Value | $889,051 |
Housing Distribution
Address Breakdown
Residential
3,032
Single Family
3,032
Multi-Family
0
Businesses
663
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
Single Family
Built in 1930
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07930, Chester, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 2,779 (86.3%) |
| Renter Occupied HU | 280 ( 8.7%) |
| Vacant Housing Units | 161 ( 5.0%) |
| Median Home Value | $840,022 |
| Average Home Value | $889,051 |
Housing Distribution
Address Breakdown
Residential
3,032
Single Family
3,032
Multi-Family
0
Businesses
663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Shaw • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4005721