5 Robin RdFanwoodNJ07023
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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 Fanwood at 5 Robin Rd, Fanwood, NJ, 07023 offers $4,274/mo rent that, after a $3,817/mo payment. Total monthly income is $4,274/mo. Return on cash invested measures 14.05% in year one, and rental yield stands at 6.58% at a $779,900 entry. Equity gained on principal adds $5,033/yr while 5% annual appreciation compounds into $215,472 by year five. Five-year ROI records 72.65% and total cumulative return in cash reaches $186,417. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,274/mo property income versus a $3,817/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
7,405 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
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Listed by: Dorota Tomczyk • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3990016