5 Allaire RdHewittNJ07421
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
Investment Highlights
Investment property for sale in Hewitt at 5 Allaire Rd, Hewitt, NJ, 07421 offers a 7.72% rental yield on a $447,700 purchase with $2,880/mo rent. 96% in year one. Equity gained on principal adds $2,889/yr while 5% annual appreciation supports $123,691 over five years. Portfolio math shows five-year ROI at 88.43% and total cumulative return in cash at $131,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $2,191/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
3,049 sqft lot
$N/A/sqft
$632 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07421, Hewitt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,267 (100%) |
| Owner Occupied HU | 2,440 (74.7%) |
| Renter Occupied HU | 346 (10.6%) |
| Vacant Housing Units | 481 (14.7%) |
| Median Home Value | $466,094 |
| Average Home Value | $531,077 |
Housing Distribution
Address Breakdown
Residential
3,038
Single Family
3,038
Multi-Family
0
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tere Episale • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3965234
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.