52 Farnham SqParlinNJ08859
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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 Parlin at 52 Farnham Sq, Parlin, NJ, 08859 priced at $385,000 converts $3,144/mo rent into $400/mo cash flow after a $1,884/mo obligation. Total monthly income equals $3,144/mo, and annual cash flow totals $4,802/yr on $127,628 invested. Return on cash invested prints 23.67% in year one, and rental yield reads 9.8% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 124.28% and total cumulative return in cash sums $158,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,144/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08859, Parlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 5,514 (58.1%) |
| Renter Occupied HU | 3,570 (37.6%) |
| Vacant Housing Units | 410 ( 4.3%) |
| Median Home Value | $478,704 |
| Average Home Value | $541,004 |
Housing Distribution
Address Breakdown
Residential
9,233
Single Family
8,841
Multi-Family
392
Businesses
428
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Listed by: Melissa Torres • LIFESTYLE INTERNATIONAL REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2503039R
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