3200 Route 94 UNIT 2FranklinNJ07416
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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 Franklin at 3200 Route 94 UNIT 2, Franklin, NJ, 07416 earns from $2,040/mo rent with a $1,957/mo payment. Total monthly income totals $2,040/mo. ROI tracks 12.58% on current figures, and rental yield reads 6.12% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 64.74% and total cumulative return in cash sums $85,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 1960
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07416, Franklin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,648 (63.1%) |
| Renter Occupied HU | 697 (26.7%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $313,760 |
| Average Home Value | $346,314 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,170
Multi-Family
141
Businesses
248
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Listed by: Joanne Reder • Sussex County Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3834098
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