32 Kilfoyle AveFordsNJ08863
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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 Fords at 32 Kilfoyle Ave, Fords, NJ, 08863 priced at $842,900 converts $5,348/mo rent into after a $4,126/mo obligation. Total monthly income equals $5,348/mo. Return on cash invested prints 17.2% in year one, and rental yield reads 7.61% against a $842,900 entry. Equity gained on principal adds $5,439/yr, while 5% annual appreciation compiles into $232,878 by year five. Five-year ROI reaches 89.53% and total cumulative return in cash sums $248,292. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,348/mo property income covering a $4,126/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: JENNIFER SEITZ • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2604047R