40 Johnson AveCranfordNJ07016
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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 Cranford at 40 Johnson Ave, Cranford, NJ, 07016 at $990,000 posts ROI 5.66% with from $3,148/mo rent. Total monthly income equals $3,148/mo. Return on cash invested measures 5.66% and rental yield reads 3.82% at the current $990,000. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,519 by year five. Five-year ROI prints 27.62% and total cumulative return in cash totals $89,960. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07016, Cranford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,435 (100%) |
| Owner Occupied HU | 6,913 (73.3%) |
| Renter Occupied HU | 2,147 (22.8%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $669,813 |
| Average Home Value | $714,383 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
7,997
Multi-Family
1,071
Businesses
960
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Listed by: Sean Quinn • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #4006667