5 MARCO POLO CTFranklin ParkNJ08823
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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 Franklin Park at 5 MARCO POLO CT, Franklin Park, NJ, 08823 priced at $700,000 pairs $5,723/mo rent with $709/mo cash flow after a $3,426/mo payment. Total monthly income equals $5,723/mo, and annual cash flow comes to $8,512/yr on $230,300 invested. Return on cash invested is 23.76% in year one, and rental yield stands at 9.81% on a $700,000 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 124.73% and total cumulative return in cash reaches $287,260. For financing, Ziffy Mortgage’s DSCR program evaluates $5,723/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
5,662 sqft lot
$N/A/sqft
$292 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08823, Franklin Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,571 (66.4%) |
| Renter Occupied HU | 1,174 (30.3%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $394,233 |
| Average Home Value | $447,268 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,847
Multi-Family
0
Businesses
167
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Listed by: Janice E. Gueren • Re/Max Diamond Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3957978
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