427 Austin AveBarringtonNJ08007
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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
Rental property for sale in Barrington at 427 Austin Ave, Barrington, NJ, 08007 generates $2,951/mo in rent, after a $2,203/mo payment. Total monthly income is $2,951/mo. Return on cash invested sits at 17.84% in year one, and rental yield is 7.87% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 92.97% and total cumulative return in cash sums $138,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,951/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08007, Barrington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,399 (53.4%) |
| Renter Occupied HU | 1,061 (40.5%) |
| Vacant Housing Units | 160 ( 6.1%) |
| Median Home Value | $294,851 |
| Average Home Value | $341,224 |
Housing Distribution
Address Breakdown
Residential
2,359
Single Family
1,737
Multi-Family
622
Businesses
176
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Listed by: Andrea Burgey • Keller Williams Prime Realty
Mls Name: Bright MLS
Mls ID: #NJCD2109166