33 Cornell DrClarkNJ07066
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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 Clark at 33 Cornell Dr, Clark, NJ, 07066 offers $4,920/mo rent that, after a $3,568/mo payment. Total monthly income is $4,920/mo. Return on cash invested measures 18.68% in year one, and rental yield stands at 8.1% at a $729,000 entry. Equity gained on principal adds $4,704/yr while 5% annual appreciation compounds into $201,409 by year five. Five-year ROI records 97.44% and total cumulative return in cash reaches $233,712. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,920/mo property income versus a $3,568/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Housing Distribution
Address Breakdown
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
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Listed by: Candace A. Golembeski • Re/Max Revolution
Mls Name: GSMLS
Mls ID: #4005391