5 Joyce DrSuccasunnaNJ07876
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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 Succasunna at 5 Joyce Dr, Succasunna, NJ, 07876 uses $205,625 cash to close to unlock $10,694/yr annual cash flow and $891/mo monthly cash flow. Total monthly income runs $5,346/mo, and a $3,059/mo payment keeps the spread at $891/mo. Purchase price stands at $625,000, and rental yield measures 10.26% with $5,346/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 132.77% and total cumulative return in cash records $273,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,346/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07876, Succasunna, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 3,406 (90.7%) |
| Renter Occupied HU | 284 ( 7.6%) |
| Vacant Housing Units | 67 ( 1.8%) |
| Median Home Value | $510,152 |
| Average Home Value | $543,627 |
Housing Distribution
Address Breakdown
Residential
3,648
Single Family
3,648
Multi-Family
0
Businesses
361
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Listed by: Regina Snyder • Coldwell Banker Realty Srv
Mls Name: GSMLS
Mls ID: #3987744