4 Schoolhouse Ln, Chester, NJ, 07930 | 7.2% Rental Yield

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4 Schoolhouse Ln, Chester, NJ, 07930 | 7.2% Rental Yield | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chester at 4 Schoolhouse Ln, Chester, NJ, 07930 priced at $549,000 pairs $3,294/mo rent with after a $2,687/mo payment. Total monthly income equals $3,294/mo. Return on cash invested is 15.95% in year one, and rental yield stands at 7.2% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 82.8% and total cumulative return in cash reaches $149,552. For financing, Ziffy Mortgage’s DSCR program evaluates $3,294/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

2.20 Acres lot

$N/A/sqft

No HOA

More details about the property

Exceptional OPPORTUNITY to Own in Chester Twp. in fantastic Location on a Great Property !! Country type setting on quiet street, yet minutes from downtown Chester Borough with its many quaint shops & restaurants, as well as extensive shopping of all kinds nearby. Library and Parks within minutes. Property has plenty of room for recreational pursuits. Renovations were started that weren't completed including 2nd Bathroom. Many repairs need to be made as well. Lots of potential to the right Buyer. The Seller has no direct knowledge of renovations or working order of mechanicals, etc. Being sold completely "AS IS" .

Neighborhood Data

Neighborhood data shown for ZIP Code: 07930, Chester, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,220 (100%)
Owner Occupied HU	2,779 (86.3%)
Renter Occupied HU	280 ( 8.7%)
Vacant Housing Units	161 ( 5.0%)
Median Home Value	$840,022
Average Home Value	$889,051