51 Main St SuccSuccasunnaNJ07876
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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 51 Main St Succ, Succasunna, NJ, 07876 offers a 8.02% rental yield on a $583,000 purchase with $3,898/mo rent. 45% in year one. Equity gained on principal adds $3,762/yr while 5% annual appreciation supports $161,072 over five years. Portfolio math shows five-year ROI at 96.23% and total cumulative return in cash at $184,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,898/mo property income against a $2,853/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
0.37 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: Anthony Stroppa Jr • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3994252