36 Deer Path DrFlandersNJ07836
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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 Flanders at 36 Deer Path Dr, Flanders, NJ, 07836 priced at $579,900 converts $4,192/mo rent into $59/mo cash flow after a $2,838/mo obligation. Total monthly income equals $4,192/mo, and annual cash flow totals $707/yr on $190,787 invested. Return on cash invested prints 20.43% in year one, and rental yield reads 8.67% against a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation compiles into $160,216 by year five. Five-year ROI reaches 106.84% and total cumulative return in cash sums $203,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,192/mo property income covering a $2,838/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07836, Flanders, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 3,445 (66.9%) |
| Renter Occupied HU | 1,539 (29.9%) |
| Vacant Housing Units | 167 ( 3.2%) |
| Median Home Value | $580,259 |
| Average Home Value | $623,827 |
Housing Distribution
Address Breakdown
Residential
4,827
Single Family
4,717
Multi-Family
110
Businesses
441
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Listed by: Betty Ann Hedden • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3996604