39 Gladstone CtWhippanyNJ07981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Whippany at 39 Gladstone Ct, Whippany, NJ, 07981 offers $3,477/mo rent that, after a $3,973/mo payment. Total monthly income is $3,477/mo. Return on cash invested measures 9.69% in year one, and rental yield stands at 5.14% at a $811,690 entry. Equity gained on principal adds $5,238/yr while 5% annual appreciation compounds into $224,255 by year five. Five-year ROI records 49.24% and total cumulative return in cash reaches $131,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,477/mo property income versus a $3,973/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07981, Whippany, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,883 (100%) |
| Owner Occupied HU | 3,166 (81.5%) |
| Renter Occupied HU | 554 (14.3%) |
| Vacant Housing Units | 163 ( 4.2%) |
| Median Home Value | $674,150 |
| Average Home Value | $706,285 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,615
Multi-Family
180
Businesses
384
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A