33 Skyline DrWarrenNJ07059
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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 Warren at 33 Skyline Dr, Warren, NJ, 07059 generates $5,104/mo in rent, after a $7,807/mo payment. Total monthly income is $5,104/mo. Return on cash invested sits at 5.82% in year one, and rental yield is 3.84% on a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 28.46% and total cumulative return in cash sums $147,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Housing Distribution
Address Breakdown
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
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Listed by: Diane C. Belcuore • Re/Max Premier
Mls Name: GSMLS
Mls ID: #3984683