31 Franklin RdDenvilleNJ07834
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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 Denville at 31 Franklin Rd, Denville, NJ, 07834 with 5% annual appreciation on a $565,000 basis while $4,482/mo rent supports operations. Total monthly income totals $4,482/mo and a $2,765/mo payment preserves $455/mo for cash returns. Annual cash flow comes to $5,462/yr on $185,885 deployed, and return on cash invested reaches 23% in year one. Equity gained on principal adds $3,646/yr, and five-year appreciation sums $156,099 alongside rental yield of 9.52%. Five-year ROI measures 120.63% and total cumulative return in cash totals $224,235.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,482/mo property income versus a $2,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07834, Denville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,165 (100%) |
| Owner Occupied HU | 5,802 (81.0%) |
| Renter Occupied HU | 1,043 (14.6%) |
| Vacant Housing Units | 320 ( 4.5%) |
| Median Home Value | $623,100 |
| Average Home Value | $672,428 |
Housing Distribution
Address Breakdown
Residential
7,081
Single Family
6,709
Multi-Family
372
Businesses
905
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Listed by: Andrew Allen • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #3989951