50 Canterbury RdChathamNJ07928
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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 Chatham at 50 Canterbury Rd, Chatham, NJ, 07928 with 5% annual appreciation on a $619,000 basis while $4,609/mo rent supports operations. Total monthly income totals $4,609/mo and a $3,030/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,359/yr on $203,651 deployed, and return on cash invested reaches 21.22% in year one. Equity gained on principal adds $3,994/yr, and five-year appreciation sums $171,018 alongside rental yield of 8.94%. Five-year ROI measures 111.07% and total cumulative return in cash totals $226,201.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,609/mo property income versus a $3,030/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1985
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
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Listed by: Diane Terry • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #4004555