345 Raleigh RdRahwayNJ07065
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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 Rahway at 345 Raleigh Rd, Rahway, NJ, 07065 priced at $359,900 converts $2,480/mo rent into after a $1,762/mo obligation. Total monthly income equals $2,480/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 8.27% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 99.49% and total cumulative return in cash sums $118,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,480/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1943
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07065, Rahway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,853 (100%) |
| Owner Occupied HU | 6,378 (49.6%) |
| Renter Occupied HU | 5,647 (43.9%) |
| Vacant Housing Units | 828 ( 6.4%) |
| Median Home Value | $444,389 |
| Average Home Value | $517,431 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
9,363
Multi-Family
3,009
Businesses
904
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Listed by: Renata Sales • Weichert Realtors - Home City
Mls Name: GSMLS
Mls Provider:
Mls ID: #3969987
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