34 Ben Franklin DrFranklinNJ07416
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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 Franklin at 34 Ben Franklin Dr, Franklin, NJ, 07416 offers $2,914/mo rent that, after a $1,517/mo payment, leaves $705/mo cash flow. Total monthly income is $2,914/mo, and annual cash flow is $8,456/yr on $102,765 cash. Return on cash invested measures 28.14% in year one, and rental yield stands at 11.28% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 148.21% and total cumulative return in cash reaches $152,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,914/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
435.60 sqft 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: Donna M. Conte • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003398