45 Highland AveEmersonNJ07630
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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 Emerson at 45 Highland Ave, Emerson, NJ, 07630 priced at $994,400 converts $7,748/mo rent into $539/mo cash flow after a $4,867/mo obligation. Total monthly income equals $7,748/mo, and annual cash flow totals $6,470/yr on $327,158 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 9.35% against a $994,400 entry. Equity gained on principal adds $6,417/yr, while 5% annual appreciation compiles into $274,734 by year five. Five-year ROI reaches 115.63% and total cumulative return in cash sums $378,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,748/mo property income covering a $4,867/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07630, Emerson, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,571 (100%) |
| Owner Occupied HU | 2,181 (84.8%) |
| Renter Occupied HU | 289 (11.2%) |
| Vacant Housing Units | 101 ( 3.9%) |
| Median Home Value | $645,086 |
| Average Home Value | $691,220 |
Housing Distribution
Address Breakdown
Residential
2,558
Single Family
2,462
Multi-Family
96
Businesses
458
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