46 Cortland StROSELANDNJ07068
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 46 Cortland St, ROSELAND, NJ, 07068 in ROSELAND is listed at $899,000 and delivers $6,743/mo in rent and $335/mo in net monthly cash flow. The 9% yield and 1.67 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $248,377 over five years, and $8,280/yr in principal reduction supplements cash return. Total projected cumulative return: $366,176.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $335 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,743 |
| Total Monthly Debt Service | $6,050 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07068, Roseland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,599 (100%) |
| Owner Occupied HU | 1,986 (76.4%) |
| Renter Occupied HU | 554 (21.3%) |
| Vacant Housing Units | 59 ( 2.3%) |
| Median Home Value | $717,544 |
| Average Home Value | $725,034 |
Housing Distribution
Address Breakdown
Residential
2,603
Single Family
2,602
Multi-Family
1
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2019
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07068, Roseland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,599 (100%) |
| Owner Occupied HU | 1,986 (76.4%) |
| Renter Occupied HU | 554 (21.3%) |
| Vacant Housing Units | 59 ( 2.3%) |
| Median Home Value | $717,544 |
| Average Home Value | $725,034 |
Housing Distribution
Address Breakdown
Residential
2,603
Single Family
2,602
Multi-Family
1
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Lane • Compass New Jersey Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3980825
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