42 New RdKendall ParkNJ08824
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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 Kendall Park at 42 New Rd, Kendall Park, NJ, 08824 offers a 8.05% rental yield on a $564,000 purchase with $3,784/mo rent. 54% in year one. Equity gained on principal adds $3,639/yr while 5% annual appreciation supports $155,823 over five years. Portfolio math shows five-year ROI at 96.7% and total cumulative return in cash at $179,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,784/mo property income against a $2,761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08824, Kendall Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,850 (85.3%) |
| Renter Occupied HU | 573 (12.7%) |
| Vacant Housing Units | 88 ( 2.0%) |
| Median Home Value | $655,592 |
| Average Home Value | $679,247 |
Housing Distribution
Address Breakdown
Residential
4,420
Single Family
4,337
Multi-Family
83
Businesses
272
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Listed by: JOHN DESTEFANO • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2660410M