34 Allamuchy TrlAndoverNJ07821
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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 Andover at 34 Allamuchy Trl, Andover, NJ, 07821 listed at $319,000 pairs $3,269/mo rent with a $1,561/mo payment to leave $996/mo cash flow. Total monthly income runs $3,269/mo, and annual cash flow reaches $11,947/yr on $105,749 cash to close. Return on cash invested measures 31.21% in year one, and rental yield registers 12.3% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 164.66% and total cumulative return in cash totals $174,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,269/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07821, Andover, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,089 (78.3%) |
| Renter Occupied HU | 407 (10.3%) |
| Vacant Housing Units | 448 (11.4%) |
| Median Home Value | $451,606 |
| Average Home Value | $492,629 |
Housing Distribution
Address Breakdown
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
213
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Listed by: Kenneth Berard • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3976974