420 Iroquois CtLafayetteNJ07848
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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 Lafayette at 420 Iroquois Ct, Lafayette, NJ, 07848 earns $419/mo cash flow from $2,586/mo rent with a $1,272/mo payment. Total monthly income totals $2,586/mo, and annual cash flow totals $5,023/yr on $86,157 capital. ROI tracks 25.74% on current figures, and rental yield reads 11.94% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 136.94% and total cumulative return in cash sums $117,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,586/mo property income instead of your personal income.
Townhouse
Built in 1982
9,147 sqft lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
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Nearby investment properties with comparable prices
Listed by: Rebecca Sloan • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3944006
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