5 Cecilia PlFanwoodNJ07023
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 Fanwood at 5 Cecilia Pl, Fanwood, NJ, 07023 at $649,900 posts ROI 17.35% with from $4,150/mo rent. Total monthly income equals $4,150/mo. Return on cash invested measures 17.35% and rental yield reads 7.66% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 90.34% and total cumulative return in cash totals $193,170. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07023, Fanwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,790 (100%) |
| Owner Occupied HU | 2,338 (83.8%) |
| Renter Occupied HU | 335 (12.0%) |
| Vacant Housing Units | 117 ( 4.2%) |
| Median Home Value | $626,804 |
| Average Home Value | $653,178 |
Housing Distribution
Address Breakdown
Residential
2,759
Single Family
2,632
Multi-Family
127
Businesses
250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eulondia Kaye Reese-turner • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3997136