48 Bovensiepen CtRoselandNJ07068
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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 Roseland at 48 Bovensiepen Ct, Roseland, NJ, 07068 priced at $990,000 converts $4,972/mo rent into after a $4,846/mo obligation. Total monthly income equals $4,972/mo. Return on cash invested prints 12.38% in year one, and rental yield reads 6.03% against a $990,000 entry. Equity gained on principal adds $6,388/yr, while 5% annual appreciation compiles into $273,519 by year five. Five-year ROI reaches 63.66% and total cumulative return in cash sums $207,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,972/mo property income covering a $4,846/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
N/A 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
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Listed by: Kunho Lee • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4006324