35 Tallmadge AveChathamNJ07928
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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 Chatham at 35 Tallmadge Ave, Chatham, NJ, 07928 earns from $5,026/mo rent with a $6,260/mo payment. Total monthly income totals $5,026/mo. ROI tracks 8.52% on current figures, and rental yield reads 4.72% at a $1,279,000 purchase. Equity gained on principal adds $8,253/yr, and 5% annual appreciation supports $353,364 over five years. Five-year ROI reaches 42.96% and total cumulative return in cash sums $178,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,026/mo property income instead of your personal income.
Single Family
Built in 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
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Listed by: Tracey Castellano • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #4007079