54 Badgley DrNew ProvidenceNJ07974
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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 New Providence at 54 Badgley Dr, New Providence, NJ, 07974 offers a 4.17% rental yield on a $1,149,000 purchase with $3,993/mo rent. 84% in year one. Equity gained on principal adds $7,414/yr while 5% annual appreciation supports $317,448 over five years. Portfolio math shows five-year ROI at 33.92% and total cumulative return in cash at $126,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,993/mo property income against a $5,624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07974, New Providence, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,464 (100%) |
| Owner Occupied HU | 3,951 (72.3%) |
| Renter Occupied HU | 1,077 (19.7%) |
| Vacant Housing Units | 436 ( 8.0%) |
| Median Home Value | $778,509 |
| Average Home Value | $819,407 |
Housing Distribution
Address Breakdown
Residential
4,811
Single Family
4,457
Multi-Family
354
Businesses
404
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Listed by: Joseph Eberle • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3989750