56 N Hillside AveKenvilNJ07847
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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 Kenvil at 56 N Hillside Ave, Kenvil, NJ, 07847 listed at $599,000 pairs $4,864/mo rent with a $2,932/mo payment to leave $594/mo cash flow. Total monthly income runs $4,864/mo, and annual cash flow reaches $7,131/yr on $197,071 cash to close. Return on cash invested measures 23.68% in year one, and rental yield registers 9.74% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 124.28% and total cumulative return in cash totals $244,918. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,864/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07847, Kenvil, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 462 (75.9%) |
| Renter Occupied HU | 121 (19.9%) |
| Vacant Housing Units | 26 ( 4.3%) |
| Median Home Value | $393,706 |
| Average Home Value | $416,196 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
180
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Listed by: Lisa M Shaw • Re/Max House Values
Mls Name: GSMLS
Mls ID: #4002155