33 Country Club LnSpringfieldNJ07081
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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 Springfield at 33 Country Club Ln, Springfield, NJ, 07081 priced at $599,999 pairs $5,534/mo rent with $1,257/mo cash flow after a $2,937/mo payment. Total monthly income equals $5,534/mo, and annual cash flow comes to $15,084/yr on $197,400 invested. Return on cash invested is 27.7% in year one, and rental yield stands at 11.07% on a $599,999 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 145.83% and total cumulative return in cash reaches $287,867. For financing, Ziffy Mortgage’s DSCR program evaluates $5,534/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07081, Springfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,118 (100%) |
| Owner Occupied HU | 4,276 (60.1%) |
| Renter Occupied HU | 2,384 (33.5%) |
| Vacant Housing Units | 458 ( 6.4%) |
| Median Home Value | $617,684 |
| Average Home Value | $640,707 |
Housing Distribution
Address Breakdown
Residential
7,018
Single Family
5,932
Multi-Family
1,086
Businesses
789
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Listed by: Alyssa Pereira • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3975878