45 Runnymede RdChathamNJ07928
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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 Chatham at 45 Runnymede Rd, Chatham, NJ, 07928 at $1,650,000 posts ROI 9.48% with from $6,908/mo rent. Total monthly income equals $6,908/mo. Return on cash invested measures 9.48% and rental yield reads 5.02% at the current $1,650,000. Equity gained on principal adds $10,647/yr, and 5% annual appreciation supports $455,865 by year five. Five-year ROI prints 48.05% and total cumulative return in cash totals $256,901. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
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Listed by: Rajinder Sondhi • Re/Max Select
Mls Name: GSMLS
Mls ID: #3999690