55 Manor SqSpartaNJ07871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sparta at 55 Manor Sq, Sparta, NJ, 07871 priced at $479,000 pairs $4,114/mo rent with $700/mo cash flow after a $2,344/mo payment. Total monthly income equals $4,114/mo, and annual cash flow comes to $8,403/yr on $158,789 invested. Return on cash invested is 25.2% in year one, and rental yield stands at 10.31% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 132.46% and total cumulative return in cash reaches $210,339. For financing, Ziffy Mortgage’s DSCR program evaluates $4,114/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1986
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07871, Sparta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 6,962 (83.5%) |
| Renter Occupied HU | 812 ( 9.7%) |
| Vacant Housing Units | 562 ( 6.7%) |
| Median Home Value | $516,298 |
| Average Home Value | $570,365 |
Housing Distribution
Address Breakdown
Residential
8,097
Single Family
7,957
Multi-Family
140
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Gardner • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3985951