35 Skytop RdNewtonNJ07860
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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 Newton at 35 Skytop Rd, Newton, NJ, 07860 with 5% annual appreciation on a $450,000 basis while $4,054/mo rent supports operations. Total monthly income totals $4,054/mo and a $2,203/mo payment preserves $846/mo for cash returns. Annual cash flow comes to $10,152/yr on $149,175 deployed, and return on cash invested reaches 26.71% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 10.81%. Five-year ROI measures 140.56% and total cumulative return in cash totals $209,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,054/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07860, Newton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,522 (100%) |
| Owner Occupied HU | 7,842 (68.1%) |
| Renter Occupied HU | 2,585 (22.4%) |
| Vacant Housing Units | 1,095 ( 9.5%) |
| Median Home Value | $417,121 |
| Average Home Value | $473,838 |
Housing Distribution
Address Breakdown
Residential
10,469
Single Family
9,799
Multi-Family
670
Businesses
829
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Listed by: John Schlaffer • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #3985681