37 Evergreen RdSussexNJ07461
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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 Sussex at 37 Evergreen Rd, Sussex, NJ, 07461 uses $140,887 cash to close to unlock $11,071/yr annual cash flow and $923/mo monthly cash flow. Total monthly income runs $4,008/mo, and a $2,080/mo payment keeps the spread at $923/mo. Purchase price stands at $424,999, and rental yield measures 11.32% with $4,008/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $117,419 over five years. Five-year ROI reaches 146.38% and total cumulative return in cash records $206,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,008/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.43 Acres lot
$N/A/sqft
$675 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07461, Sussex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,474 (100%) |
| Owner Occupied HU | 6,001 (70.8%) |
| Renter Occupied HU | 1,313 (15.5%) |
| Vacant Housing Units | 1,160 (13.7%) |
| Median Home Value | $386,225 |
| Average Home Value | $436,301 |
Housing Distribution
Address Breakdown
Residential
7,223
Single Family
7,182
Multi-Family
41
Businesses
331
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Listed by: Connor Thomas Blake • Real
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971580
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